Türkiye’s Tax Reduction Initiative: Compliance Requirements and Investment Incentives
Türkiye’s five percent tax reduction for compliance incentivizes timely tax filings, with clear eligibility criteria and exemptions. Coupled with competitive tax rates and diverse investment incentives, these measures enhance Turkey’s appeal for businesses and investors.
Procedure for Design Registration in the UAE
Securing industrial design registration rights in the UAE provides businesses and individuals with exclusive ownership, preventing unauthorized use and enabling legal enforcement.
NEOM: Understanding Saudi Arabia’s Visionary Project
Saudi Arabia’s NEOM project is a futuristic, high-tech city aiming for sustainability, innovation, and economic diversification. Despite securing major investments, it faces financial, geopolitical, and environmental challenges.
MENA PE Market Records US$27.6bn in Regional Activity from 2020-2024: MAGNiTT Report
As per the inaugural ‘MENA PE 5-Year Report’ by venture data platform MAGNiTT, PE activity totaled US$27.6 billion between 2020 and 2024. The UAE, Saudi Arabia, and Egypt dominated deal count, with healthcare and financial sectors gaining the most traction.
UAE Top-Up Tax for Multinational Enterprises: An Explainer
The UAE is implementing the Global Minimum Tax (GMT) under the OECD’s BEPS framework, including a 15 percent Domestic Minimum Top-Up Tax (DMTT).
Tax Considerations for Individuals and Investors Based in Saudi Arabia
Key taxes applicable to individuals in Saudi Arabia include VAT, social insurance contributions, and Zakat, while various wealth management structures, including trusts and investment companies, offer tax advantages.
ADIO Strengthens Abu Dhabi-China Economic Ties with Strategic Agreements
The Abu Dhabi Investment Office (ADIO) has signed landmark agreements with Fosun International Limited, Wind Information, and Hejun Group to bolster economic collaboration and facilitate investment between Abu Dhabi and China.
Qatar and India Upgrade Ties to Strategic Partnership, Strengthen Economic Cooperation
Qatar and India have elevated their ties to a “strategic partnership”, discussed a CEPA, US$10bn in investments in India, and doubling bilateral trade by 2030.
Qatar Financial Centre Slashes Business Setup Fees by 90% to Boost Market Entry
Qatar Financial Centre has slashed business setup fees – from US$5000 to US$500 – for licensing entities, with the exception of Single Family Offices.
Saudi Arabia’s Evolving Regulatory Framework for the Technology and Data Economy
Saudi Arabia’s commitment to digital transformation is a cornerstone of its Vision 2030 initiative, which aims to diversify the economy and position the Kingdom as a global technology hub.