-
Saudi Arabia Expands Premium Residency Permit Categories to Attract Global Talent
- 21.01.2024
- Posted by: Omar Sami
- Category: Saudi Arabia
No Comments
Saudi Arabia broadens its Premium Residency Permit scheme with five new categories to attract foreign investment and high-caliber talent in various fields.
-
BRICS Welcomes the Middle East
- 16.01.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The UAE and KSA are already well-known as economic leaders in their region – joining BRICS could open new doors, offering fresh opportunities for trade and investment on a global stage.
-
Dubai’s Real Estate Market Off to a Strong Start in 2024
- 15.01.2024
- Posted by: Derya Bandak
- Category: Dubai
Dubai’s real estate sector kicked off 2024 with a strong start, reporting 1,721 property deals worth AED 5.8 billion in the first week, indicating a robust and potentially successful year ahead.
-
UAE Corporate Tax Law: An In-Depth Look Into Tax Groups
- 14.01.2024
- Posted by: Omar Sami
- Categories: Dubai, Tax
In the UAE, Tax Groups enable businesses to streamline tax compliance by consolidating financial results and filing a single tax return, enhancing efficiency and cohesion in tax reporting.
-
ZATCA Extends Fines and Penalties Exemption to June 2024
- 08.01.2024
- Posted by: Derya Bandak
- Category: Saudi Arabia
ZATCA’s initiative for ‘Cancellation of Fines and Exemption of Penalties’ has been extended to 30.06.2024, offering financial relief to businesses.
-
KSA: Public Investment Fund (PIF) Emerges as Leading Global Investor in 2023
- 08.01.2024
- Posted by: Omar Sami
- Category: Saudi Arabia
Saudi Arabia’s Public Investment Fund (PIF) has emerged as the top investor among its peers in 2023, with a 33% increase in investments over 2022, investing USD 31.6 billion across 49 deals.
-
UAE Corporate Tax: Key Rules for Unincorporated Partnership Registration and Profit Sharing
- 08.01.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Tax
The UAE Corporate Tax Law mandates unincorporated partnerships to appoint an ‘Authorized Partner’ for tax obligations, offering an option to be treated as a Taxable Person under certain conditions.
-
Taxation of non-residents with UAE-based business
- 02.01.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Tax
The corporate tax framework in the UAE has significant implications for non-residents engaged in business activities.
-
UAE’s Barakah Plant Completes Final Reactor, Advancing Energy Diversification Goals
- 02.01.2024
- Posted by: Derya Bandak
- Categories: Dubai, Tax
The Federal Authority for Nuclear Regulation has granted an operating license for the final reactor of the Barakah Nuclear Power Plant, marking a significant step towards the UAE’s 2050 Net Zero Goals
-
UAE: Professional Development for Natural Person Tax Agents
- 02.01.2024
- Posted by: Omar Sami
- Categories: Dubai, Tax
The Federal Tax Authority’s Decision No. 15 of 2023 introduced new guidelines for professional development, mandating a minimum of 20 hours of Structured Continuous Professional Development annually for natural person tax agents
