Other Briefings
Russia’s EAEU Discusses Egypt, UAE Free Trade Zones
The Eurasian Economic Union (EAEU) is actively negotiating with Egypt and the United Arab Emirates to create a free trade area, according to announcements made early last week by Maxim Reshetnikov, Russia’s Minister of Economic Development. He was speaking at the Annual Investment Forum (Annual Investment Meeting, AIM) in Abu Dhabi. Reshetnikov stated that ‘’The […]
Updates To UAE Transfer Pricing Documentation
New updates related to Transfer Pricing under the UAE Corporate Tax regime have been issued by the UAE Ministry of Finance, with the Ministerial Decision No (97) of 2023 relating to the maintaining of transfer pricing documentation.
Arab States Agree On Return of Syria to Arab League
Arab League foreign ministers adopted a decision to readmit Syria after more than a decade of suspension, a spokesperson for the League said.
Performers, Entertainers Now Subject To Tax in the UAE
The UAE is introducing a new tax regime from 1st June this year – just three weeks away. With that come a whole new area of services, such as entertainment, that are now subject to Corporate Income Tax deductions in the UAE. We explain the tax regime.
The UAE Joins The Shanghai Cooperation Organisation As A Dialogue Partner
With the Middle East now on board, Israel will eventually have to choose between the United States and Eurasia as its core geographical base. The UAE has become a dialogue partner of the Shanghai Cooperation Organization (SCO), according to the SCO secretariat, following a memorandum of understanding signed between the SCO countries and the UAE […]
Iran – Shanghai Cooperation Organisation Trade Hits US$41 billion
Iran’s trade with Shanghai Cooperation Organization (SCO) member states has reached 52.71 million tons worth US$40.98 billion over the past 12 months, according to data released by the Islamic Republic of Iran Customs Administration (IRICA). This shows that Iran’s trade with SCO member states, excluding crude oil exports from the country, stood at 52.71 million […]
Gulf Cooperation Council Set To Introduce GCC Visa Valid For UAE, Saudi Arabia, Bahrain, Kuwait, Qatar, and Oman
The Gulf Cooperation Council (GCC) is set to introduce a Schengen-style, unified visa for tourists and businessmen from 35 foreign and Arab countries, following discussions at the “Future of Travel for the GCC” discussion at the ongoing Arabian Travel Market currently being held at the Dubai World Trade Centre. The unified visa system aims to […]
Applying For A Five Year Multi-Entry Visa For Dubai
New visa regime is designed to attract visiting businessmen and tourists Visitors regularly attending meetings in Dubai can now obtain a five-year entry permit that allows them to enter the UAE multiple times a year and stay in the country for up to 180 days without a sponsor.
UAE Corporate Tax Changes: Can A Free Trade Zone Company Change Status To Obtain Small Business Tax Relief?
With the 1st June deadline now less than a month away, decisions continue to be made (albeit somewhat last minute) at the UAE Ministerial level as concerns changes to the UAE Corporate Income Tax regime.
Dubai Positions Itself To Attract Hong Kong Financial Services Investments
The UAE’s low taxes, supportive regulatory frameworks, technological innovation and a quality talent pool have made Dubai an attractive home for a growing number of hedge funds, with the country now reaching out to attract businesses from Hong Kong. These attributes could help the Emirate act as a gateway to the Middle East for Hong […]
