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Introduction The Monetary authority of Singapore (MAS) have issued various consultation papers and the responses to earlier consultation papers to bring considerable amendments in the Securities and Futures Act (SFA) and Financial Advisers Act (FAA) of Singapore. This article shall highlight major amendments which will be...

Regulations apply to companies registered in the Dubai Creative Clusters Authority (DCCA) and came into force on 1 February 2017. The Regulations repeal and replace the Dubai Technology and Media Free Zone Private Companies Regulations 2003. The Amendments: Shareholder increase – A company incorporated in...

VAT Introduction Value Added Tax (VAT) is an indirect tax levied on supplies. GCC have entered a treaty to introduce and implement VAT and Excise across the GCC to create a wider scope of revenues for the Government. All the countries in the region shall prepare...

Introduction Qatar has recently made major amendments to the law related to residency, entry and exit of expatriates in the country. It was published in the official gazette on 13th December, 2015 and came into force from 13th December, 2016. It has replaced the existing sponsorship...

Introduction Jebel Ali Free Zone Authority (JAFZA) is one of the oldest free zone in the country and catering to the needs of thousands of the business and supporting UAE’s objectives of attracting foreign investments and ensuring sustainable developments. It continuously strives to offer the best...