Strait of Hormuz Disruption: Managing Force Majeure and Supply Chain Risks

Economy & Trade Mar 24
Disruptions affecting the Strait of Hormuz are increasing pressure on global shipping routes, raising force majeure concerns and creating new challenges for energy and logistics supply chains. Businesses involved in Gulf trade should reassess contracts, insurance coverage, and contingency planning to manage force majeure risks and supply chain disruption.
Tax & Accounting

UAE Launches Up to 50% R&D Tax Credit for Businesses

Mar 24

The UAE has officially launched Phase 1 of its Research and Development (R&D) Tax Incentives Program, introducing a non-refundable corporate tax credit of up to 50 percent on qualifying R&D expenditure capped at AED 5 million per tax period.

Industries

Oman’s Sustainable Tourism Boom: The Investment Case for Hospitality, Eco-Lodges and Heritage Sites

Mar 20

Oman's sustainable tourism industry is becoming a core investment sector under Vision 2040, with growth driven by eco-tourism, heritage assets, and selective hospitality projects rather than mass-market development.

Tax & Accounting

Bahrain Is Set to Introduce Corporate Income Tax: What Businesses Need to Now

Mar 19

Bahrain is planning the introduction of Corporate Income Tax, marking a structural shift from a tax-free to a taxable business environment, expanding obligations beyond large multinationals to the wider corporate sector.

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Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.

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