An Introduction to Doing Business in the UAE 2025 – New Publication Out Now
An Introduction to Doing Business in the UAE 2025 is your definitive resource for understanding and succeeding in one of the world’s most vibrant business environments.
Egypt’s Tax Reforms: Boosting Business Confidence and Export Growth
Egypt’s tax reforms and export incentives aim to boost business confidence, encourage the private sector, attract investments, achieve higher localization in industries, and drive overall economic growth.
UAE Introduces Domestic Minimum Top-up Tax from 2025, Considering Incentives for Innovation and High-Value Employment
The UAE Ministry of Finance has announced pivotal amendments to Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, including the introduction of the domestic minimum top-up tax (DMTT) and proposed tax incentives to boost R&D and create high-value employment.
Kuwait Proposes 15% CIT in 2025 Amid Phased Tax Reform
The draft Business Profits Tax Law introduces major changes to the corporate income tax regime in Kuwait. MNCs should note compliance rules.
Israel’s Osek Za’ir: A Simplified Tax System for Small Businesses
The Osek Za’ir tax system promises to save time, reduce costs, and provide small business owners in Israel with much-needed financial relief.
Turkey Revised VAT Rates: Impact on Healthcare and Telecom Sectors
Turkey recently revised VAT rates, reducing the tax on approved medical products and special-purpose foods to 10 percent, while telecom equipment faces a standard 20 percent VAT.
UAE Federal Tax Authority Releases Guide on Corporate Tax (CT) Return: Key Obligations
The UAE Federal Tax Authority (FTA) has published a guide on filing the corporate tax return, outlining procedural and reporting requirements.
UAE Tax Authority Announces Grace Period for Updating Tax Records: Key Details
The UAE Federal Tax Authority (FTA) has introduced a grace period from January 1, 2024, to March 31, 2025, allowing businesses to update their tax records without incurring administrative penalties.
UAE to Implement E-Invoicing Mandate by July 2026: What Businesses Need to Know
The UAE e-invoicing mandate will be implemented in three stages from Q4 2024 to July 2026, starting with accrediting service providers, followed by legislative updates, and culminating in mandatory compliance for B2B and B2G transactions via the Peppol network.
UAE Real Estate Investment Income and Tax Liability
Real estate income for individuals in the UAE is generally excluded from Corporate Tax unless the activity requires a business license.