New Developments in Nigerian Corporate Laws
Introduction The lawmakers and regulators in Nigeria are making efforts to attract more and more investors. Recent developments in the corporate laws and introduction of new forms by the Corporate Affairs Commission (CAC) is a proof of that. This article shall highlight some important developments and the introduction of new forms. New Developments Introduction of […]
Transparency Measure in Hong Kong
Considering the various steps being taken for enhancing transparency across various jurisdictions the Financial Services and the Treasury Bureau (FSTB), of the Hong Kong Government has also started preparing itself and committed to support the implementation of automatic exchange of financial account information to deal with terrorist financing and money laundering. The country’s Inland Revenue […]
Highlights of GCC Unified VAT Treaty
Introduction The treaty for Value Added Tax signed by GCC nations is finally out in the public domain. The much talked about treaty is being published in the official gazette of the Kingdom of Saudi Arabia (KSA). It is one of the crucial steps in implementation of VAT in the region. The KSA had already […]
Role of Free Zones in UAE Economy
United Arab Emirates is one of the most preferred jurisdiction among the businesses around the world. The GCC economy have witnessed some difficult days in past year due to steep fall in oil prices. But the UAE economy is still going strong because it has successfully managed to divest its source of revenues from non-oil […]