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UAE Corporate Income Tax Regulations: Accounting Standards and Tax Obligations
- 26.04.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Middle East
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Businesses operating in the UAE must align their accounting practices with the standards set by the Federal Tax Authority to avoid penalties and optimize tax positions.
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A Simple Guide to Understanding Your Rights and Duties with the FTA’s New Taxpayer Charter
- 20.04.2024
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai, Middle East
The FTA’s new Taxpayer Charter guarantees fair treatment, privacy, and access to accurate information, ensuring a transparent and equitable tax environment for all.
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Leveraging Spanish Investments in Saudi Arabia for Business Opportunities
- 20.04.2024
- Posted by: Uwe Hohmann
- Category: Middle East
Spanish investments in Saudi Arabia, surpassing EUR 3 billion over the last decade, highlight the strong economic ties and opportunities for European businesses considering entering the KSA market.
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Exploring Business Opportunities in the UAE Tourism Sector
- 20.04.2024
- Posted by: Uwe Hohmann
- Category: Middle East
The projected increase in employment and visitor spending within the UAE’s tourism sector for 2024 offers opportunities for entrepreneurs to establish and expand businesses in hospitality, travel, and related services.
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Why Now is the Time to Invest in Saudi Arabia’s Economy
- 13.04.2024
- Posted by: Uwe Hohmann
- Category: Middle East
Saudi Arabia’s economy offers great opportunities for growth, and we believe it is a good moment to start a business there.
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The Importance of Compliance in Protecting Your Business from Legal Risks
- 13.04.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Compliance is key to a successful operation in Dubai, requiring strict adherence to local laws to avoid serious legal consequences.
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UAE Dirham Strength Against a Fluctuating Euro
- 13.04.2024
- Posted by: Uwe Hohmann
- Categories: Middle East, Europe
For EU-origin and UAE-based businesses, the recent dip in the Euro offers cost advantages and enhanced investment potential in the Eurozone.
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UAE: Understand the Corporate Income Tax for Partnerships
- 02.04.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
The UAE’s Federal Tax Authority has released a comprehensive guide on Corporate Income Tax for partnerships, detailing taxation rules, compliance, and reliefs to ensure proper adherence to tax laws.
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KSA: Customs Duty Exemptions
- 02.04.2024
- Posted by: Uwe Hohmann
- Category: Middle East
Saudi Arabia announces customs duty exemptions for various manufacturing imports to stimulate industrial growth and reduce operational costs for companies.
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UAE: Economy set to grow by 5.2% in 2025
- 02.04.2024
- Posted by: Uwe Hohmann
- Categories: Dubai, Middle East
Strong performances in both the non-oil and oil sectors, alongside the introduction of a corporate income tax, are expected to drive the UAE economy to grow by 5.2% in 2025.
