Dubai UAE Witnesses Growing FDI Inflow on The Back of New Visa Reforms
New visa reforms and ease and simplicity of doing business are attracting a growing number of foreign investors for new business setup in Dubai UAE. As per a report, the UAE government has initiated several measures to make it easy for overseas investors to relocate their business into the country and this will, in all […]
Singapore and the UK: Sign MoU for Increased Cooperation in Fintech and Sustainable Finance
Introduction Singapore and the United Kingdom (UK) recently signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation on fintech and sustainable finance to optimize the regulation of finance in today’s digital era. The MoU was signed on November 25, 2022, at the seventh UK-Singapore Financial Dialogue held in Singapore. Singapore is the leading fintech […]
UAE Ministry of Finance Clarifies Some Key Aspects of Newly Introduced Corporate Tax Laws
On 31 January 2022, the UAE Ministry of Finance (MoF) made the breakthrough announcement that a new federal corporate tax (CT) system will be implemented in the UAE, effective financial years commencing on or after 1 June 2023. The MoF recently clarified the following key aspects of this new CT regime. Status of Regulation The […]
The Rise of Mergers & Acquisitions in Singapore
Introduction Business activities related to Mergers and Acquisitions (M&A) have made a strong comeback in Singapore after some slowdown during the Covid pandemic. As business confidence is gradually restored and the economic outlook becomes positive, growth-oriented businesses started looking for profitable M&As. What are the key regulations relevant to M&A in Singapore? The key regulations […]
Recent Legal and Regulatory Reforms: Impacting the Brand Owners in the UAE
Introduction Over the last decade, the UAE has greatly Internationalized itself and become one of the most prominent global business hubs elevating its economic diversity. The government has rolled out a series of laws to move towards an innovation and knowledge-driven economy with an increasing awareness of the importance of intellectual property rights as the […]
How Do Foundations Differ from Trusts in the UAE?
Foundations and Trusts are established to provide financial support for intended organizations and individuals through the management of assets and family wealth. Though both these are legal entities, they differ from each other in structure, asset control, and liability. Structure The primary difference between a foundation and trust lies in its structure. A foundation is […]