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Investing in the Kingdom: How Saudi Arabia’s New Policies Affect Your Business Strategy
- 02.10.2023
- Posted by: Uwe Hohmann
- Category: Uncategorized
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Saudi Arabia’s aggressive policy reforms represent a golden era of investment opportunities in the Middle East. Businesses can capitalize on these by understanding the intricacies of these reforms and how to navigate them effectively.
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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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VAT: UAE Introduces Reverse Charge Mechanism to Boost Electronics and Computer Trade
- 29.09.2023
- Posted by: Derya Bandak
- Categories: Tax, Dubai
The UAE has introduced a Reverse Charge Mechanism in VAT regulations to streamline tax compliance and boost the electronics and computer trade, allowing VAT-registered buyers to self-account for VAT.
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UAE Launches End of Service Savings Scheme
- 29.09.2023
- Posted by: Derya Bandak
- Category: Dubai
The UAE has introduced a new end-of-service benefits (EOSB) scheme that allows employers to make monthly contributions to investment funds on behalf of their employees, offering a modern alternative to traditional gratuities and extending benefits to both the private and public sectors.
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FTA Renews Call for Registration for Corporate Tax
- 28.09.2023
- Posted by: Derya Bandak
- Categories: Tax, Dubai
The Federal Tax Authority (FTA) of the UAE is urging all types of companies to finalize their Corporate Tax registration in accordance with the new Taxation of Corporations and Businesses Law.
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Ensuring Arm’s Length Opening Balances in UAE’s Corporate Tax Era
- 27.09.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
Ensuring arm’s length opening balances in compliance with UAE’s Article 61(2) and IFRS standards is pivotal for transparent, accurate tax reporting and minimizing future tax liabilities.
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Saudi-German Alliance: An Opportunity for Business and Sustainability
- 25.09.2023
- Posted by: Derya Bandak
- Category: Uncategorized
The recent high-level dialogues between Saudi Arabia and Germany signify a strategic alliance that not only accelerates the achievement of Sustainable Development Goals but also creates an opportune moment for German businesses to expand into the Saudi market.
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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.
