March 2015 Issue 30
Intuit Management Consultancy
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Qatar Launches New Special Economic Zone
A new Special Economic Zone (SEZ) has been confirmed in Qatar near the new Hamad Port, just south of Al Wakrah.
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100% Foreign Ownership In Most Sectors: SAGIA
Saudi Arabia allows foreign investors to have 100 percent ownership of their projects, except in four sectors where they require a Saudi partner, said a senior official of Saudi Arabian General Investment Authority (SAGIA).
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India Tax Update Advance Pricing Relief For Cross-Border Deals
In a move that brings a big relief for corporations doing cross-border transactions, the government has notified the rules governing the rollback provisions in Advance Pricing Agreements (APA).
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Dubai Tax Residency Certificate Requirements To Take Tax Treaty Benefit
The Tax Residence Certificate (TRC) is issued to a resident company operating in the country. A company operating in the Mainland Dubai and a Free Zone Company can apply for a Tax Residency Certificate.
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Treaty Updates
Please find the treaty updates for the month of March 2015.
  • Luxembourg - Uruguay: Tax Treaty Signed
  • Mauritius - Austria: Tax Information Exchange Agreement Signed
  • Luxembourg - Hungary: New Tax Treaty Signed
  • Cyprus - Bahrain: Tax Treaty Signed
  • Liechtenstein - Italy: Tax Information Exchange Agreement Signed
Intuit Research Team

Intuit Management Consultancy
India Tel: +91 9840708181 Fax: +91 44 42034149
Dubai Tel: +971 4 3709963 Fax: +971 4 3709307
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