More recently, the IMF advised Gulf countries to maintain reform momentum despite oil boom drawing lessons from the past. “Looking to the medium term, we welcome the planned fiscal reforms, including the expected introduction of a corporate income tax and gradual phasing out of business fee ...
“They wanted to make it as friendly as possible to small and medium enterprises and startups. And at the same time they don’t want to encourage companies shifting from the UAE,” said Wassim Chahine, head of corporate tax for KPMG Lower Gulf. (Reporting by Lisa Barrington; Editing ...
DMTT is part of the OECD's global minimum corporate tax agreement, which has been signed by 136 countries, including the UAE, to ensure that large companies pay at least 15% in taxes and make tax avoidance more difficult. The UAE Ministry of Finance stated in a corporate tax law amendment...
The article focuses on the decision of United Arab Emirates (UAE) government for establishing a anti-corruption unit to improve corporate governance, transparency and accountability. It mentions challenges of UAE regarding corruption such as market competition, lack of financial disclosure laws for public...
Though the Gulf has long been associated with being a tax-free haven, foreign companies -- except in Bahrain -- pay corporate income taxes. In Oman, locally owned companies also pay taxes. Customs duties are in place, though medicine, food and raw material for industry were exempt in the ...
A. It's a pleasure to be here. My name is Zain Dhareeja, I am the Managing Partner of AG MENA, a multi-services firm based in Dubai. We offer legal services, corporate services, and citizenship & residency solutions under a one-stop platform. ...
Quality assurance started as a corporate-related process in the 1960s but later became a highly sought-after objective in educational and academic contexts. The growing interest in quality assurance has been the result of government and business expectat
Unless otherwise indicated, all marks displayed on Tesla, Inc. internet sites are subject to the trademark rights of Tesla, Inc., including, but not limited to, model name plates and corporate logos and emblems. No Licenses Tesla, Inc. strives to achieve innovative and informative internet sites...
More recently, the IMF advised Gulf countries to maintain reform momentum despite oil boom drawing lessons from the past. “Looking to the medium term, we welcome the planned fiscal reforms, including the expected introduction of a corporate income tax and gradual phasing out of business fee ...