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The UAE’s 0% Corporate Tax for Qualifying Free Zone Persons (QFZP)
- 16.10.2023
- Posted by: Omar Sami
- Categories: Tax, Dubai
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The United Arab Emirates has introduced a 0% corporate tax rate for Qualifying Free Zone Persons (QFZP) operating within UAE Free Zones, contingent on specific criteria and income qualifications.
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Unincorporated Partnerships in the UAE and Their Tax Treatment
- 10.10.2023
- Posted by: Omar Sami
- Categories: Tax, Accounting, Dubai
Unincorporated partnerships in the UAE are flexible entities without separate legal personalities, subject to unique tax treatments where partners are taxed individually on their share of income, and can opt for corporate taxable status, while needing to align with UAE’s Commercial Companies Law for specific commercial activities.
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UAE’s Ambitious Sustainability Plans
- 02.10.2023
- Posted by: Omar Sami
- Category: Dubai
The second day of Climate Future Week in Dubai showcased the UAE’s multifaceted approach to sustainability, featuring insights on clean energy, sustainable architecture, carbon capture, innovative agriculture, and the role of creative industries in driving environmental awareness.
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A Transformative Geopolitical Shift – G20 Leaders Unveil Ambitious Infrastructure Project
- 22.09.2023
- Posted by: Omar Sami
- Category: Uncategorized
In a bid to reshape global geopolitics and challenge China’s Belt and Road Initiative, G20 leaders unveiled a far-reaching infrastructure project, heralding new opportunities and enhanced connectivity from India to Europe, particularly benefiting businesses in the UAE.
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The Regional Headquarters (RHQ) in Saudi Arabia
- 20.09.2023
- Posted by: Omar Sami
- Category: Company Setup
As Saudi Arabia becomes a key hub for global business expansion, new regulations mandate foreign companies to establish a Regional Headquarters (RHQ) to operate effectively, with various benefits offered for compliance.
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BRICS Expansion: A Game-Changer for the UAE and KSA
- 18.09.2023
- Posted by: Omar Sami
- Category: Uncategorized
The expansion of BRICS to include the UAE and KSA presents a transformative shift in global geopolitics, offering significant economic opportunities for these nations and attracting foreign investors.
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Saudi Crown Prince Launches The Master Plan for Logistics Centers
- 03.09.2023
- Posted by: Omar Sami
- Category: Uncategorized
Saudi Arabia´s Vision 2030 – The transformative initiative aiming at reducing the country´s dependence on oil revenues and diversifying its economy.
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Saudi Arabia’s Milestone Move: Embracing the CISG in its Modern Civil Law System
- 12.08.2023
- Posted by: Omar Sami
- Category: Uncategorized
Saudi Arabia’s landmark decision to embrace the United Nations Convention on Contracts for the International Sale of Goods (CISG) marks a significant step towards modernizing its legal system.
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Dubai: Recently Published Administrative Penalties for Tax Violations
- 31.07.2023
- Posted by: Omar Sami
- Category: Dubai
Dubai has recently introduced new administrative penalties for tax violations under its Corporate Tax regime, aiming to ensure tax compliance and foster a transparent environment.
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Dubai – Virtual Assets Regulatory Authority (VARA)
- 20.07.2023
- Posted by: Omar Sami
- Category: Dubai
Dubai has established the Virtual Assets Regulatory Authority and implemented regulations governing virtual assets, demonstrating its commitment to positioning itself as a global hub for the digital economy
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