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BRICS Welcomes the Middle East
- 16.01.2024
- Posted by: Uwe Hohmann
- Category: Middle East
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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.
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Dubai’s Real Estate Market Off to a Strong Start in 2024
- 15.01.2024
- Posted by: Uwe Hohmann
- 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.
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UAE Corporate Tax Law: An In-Depth Look Into Tax Groups
- 14.01.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
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.
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ZATCA Extends Fines and Penalties Exemption to June 2024
- 08.01.2024
- Posted by: Uwe Hohmann
- Category: Uncategorized
ZATCA’s initiative for ‘Cancellation of Fines and Exemption of Penalties’ has been extended to 30.06.2024, offering financial relief to businesses.
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KSA: Public Investment Fund (PIF) Emerges as Leading Global Investor in 2023
- 08.01.2024
- Posted by: Uwe Hohmann
- Category: Uncategorized
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.
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UAE Corporate Tax: Key Rules for Unincorporated Partnership Registration and Profit Sharing
- 08.01.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
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.
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Taxation of non-residents with UAE-based business
- 02.01.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
The corporate tax framework in the UAE has significant implications for non-residents engaged in business activities.
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UAE’s Barakah Plant Completes Final Reactor, Advancing Energy Diversification Goals
- 02.01.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
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
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UAE: Professional Development for Natural Person Tax Agents
- 02.01.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
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
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UAE: New E-Commerce Law Overview
- 25.12.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
The UAE’s Federal Decree-Law No. 14 of 2023, known as the E-Commerce Law, introduces comprehensive regulations for digital transactions, emphasizing consumer rights and data protection.
