Singapore Budget Highlights of 2024
In the latest budget announcement on February 16th, 2024, the Ministry of Finance (MOF) unveiled significant tax reforms set to reshape Singapore’s fiscal landscape. Notable among these changes is the adoption of BEPS 2.0 Pillar 2, slated for implementation starting January 2025. This initiative targets large Multinational Enterprises (MNEs), aiming to establish a minimum effective […]
Shift from CSR to ESG in Corporate India
For entities operating beyond the borders, it’s imperative to understand evolving corporate law in international business avenues. In the corporate business landscape in India, there’s a visible shift from CSR (Corporate Social Responsibilities) to ESG (Environmental, Social, and Governance) in recent years. This shift in paradigm redefines the way businesses operate in the country, besides […]
Mastering Due Diligence for Successful M&A Transactions
Merger and acquisition (M&A) transactions often turn out to be too complex, which justifies the need for due diligence. In this edition of our newsletter, we will explore why due diligence proves to be the cornerstone to mitigate business risks. Successful entities seek professional Mergers & Acquisitions Advisory in the UAE, discovering opportunities and fostering […]
Strategies for Holding Companies Amidst the Corporate Tax Landscape in the UAE
The UAE has set benchmarks in the global business environment, attracting global brands over the years. In the past, the absence of personal and corporate tax in the UAE made it a lucrative choice for investors. However, the Federal Tax Authority of the UAE has introduced Corporate Tax (CT) through Federal Decree-Law No. 47 of […]
Strengthening Indo-Singapore Bilateral Relations to Boost Trade
Singapore continues to be one of the sought-after international business destinations, attracting investments from all around the globe. In this edition, let’s take a look into the recent stride towards fostering robust trade ties and investments between the Indian government and Singapore. Led by the Secretary of the Department for Promotion of Industry and Internal […]
Boosting Compliance to Attract Investments in the UAE
The UAE has set benchmarks in the global business environment, being a preferred hub for investors. With a business-friendly regulatory framework, strategic location, progressive business strategies, and a thriving economy, the country attracts global investors. According to recent data, the UAE is placed in the third position among attractive emerging global economies. This speaks tons […]
This Is Why Due Diligence Matters during Mergers and Acquisitions
Do you know why forward-thinking businesses in the UAE seek professional due diligence services during mergers and acquisitions? Beyond a formal procedure, due diligence continues to be a vital step that determines the integrity of the merged business entity. This explains why successful businesses seek professional due diligence support, revealing the strengths and downsides of […]
The Next Phase in GRC and Regulatory Risks: 10 Principal Areas of Focus for 2024
According to Thomson Reuters, in 2022, there were over 230 daily alerts for regulatory updates. This figure is unsurprising given the increasing regulatory focus on Operational Resilience, Artificial Intelligence (AI), Cyber Security, Data Privacy, and Environmental, Social, and Governance (ESG) criteria. In 2023, significant cyber security and digital operational resilience policies took shape in the […]
The Art of Building a Thriving Company Culture
We recognize the paramount importance of cultivating a vibrant company culture that not only supports but also nurtures our employees. We firmly believe that a thriving culture is the cornerstone of our success—a distinct and enduring competitive advantage. Throughout our journey, we have witnessed firsthand how investments in our employees’ well-being translate into overall organizational […]
Avoid the AED 10,000 Fine: UAE’s New Corporate Tax Registration Deadlines
The Cabinet Decision No.10 of 2024, which came into effect on March 1, 2024, has been announced. The Federal Tax Authority (FTA) has outlined important dates for corporate tax registration, and it’s crucial to act swiftly. If you miss the deadline, you could be facing an AED 10,000 ($2700.00) fine. The first deadline for juridical […]