GCC – OECD Releases Statement Agreeing on the Design Components of BEPS 2.0 Project
On 8 October 2021, the Organization for Economic Cooperation and Development (OECD) / G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) released a statement on the two-pillar solution which states the agreement of 136 out of 140 Inclusive Framework
UAE Economic Substance Regulation – Compliance and Filing Obligations
Economic Substance Regulation has been issued in the UAE since April 2019. Since its introduction, there have been various updates and amendments to the rule.
Clutch Showcases IMC Group Among United Arab Emirates Top Accounting Firms for 2021
At Intuit Management Consultancy, we are a leading cross-border advisory firm that caters to large companies, multinational corporations, small and medium-sized enterprises, high net worth individuals, family-owned businesses, and start-ups.
Indian Pavilion in Dubai Expo 2020: A Confluence of Technology, Business Opportunity and Culture
As Dubai Expo 2020 kicked off its inaugural ceremony with much splendour on 1st October 2021, the global business community became upbeat about a sustainable economic future with increased collaboration, innovation and opportunities in trade and investment.
Dubai Reduces Investment Amount and Extends Validity of Visa Period for Property Investors
The property investors in Dubai can now avail three years visa with a minimum investment of Dh750,000 against Dh1 million required earlier, an official notification on the website of the Dubai Land Department
5 Amazing Benefits Gained by Outsourcing PRO Service in the UAE
The United Arab Emirates has a flourishing economy and is one of the most popular countries for investors and businessmen. If you too are looking forward to starting your own business in the UAE, you may be aware that you need professional PRO services.
Dubai Expo 2020: A Perfect Venue to Promote India-UAE Trade and Investment Ties
Originally scheduled to be hosted from 20th October 2020 to 10 April 2021, the belated Dubai Expo is ultimately going to be held from October 1, 2021 and will continue till March 31, 2022. The postponement of this historic event was due to the outbreak of the Covid 19 pandemic which ravaged the entire world including the UAE.
What are the Ten Cash Flow Management Strategies for MSMEs and Startups?
Cash is oxygen for every organisation and no business can survive without cash in hand. Business expansion and growth are also impossible without a positive free cash flow. Even businesses with very high profitability can close down in absence of liquid cash.
UAE New Trust Law and Tax Planning for Wealth Optimization
Trusts are most popular for estate and wealth planning and can be used as a planning tool for both tax and non-tax reasons. UAE is a no income tax jurisdiction and with the introduction of recently introduced onshore trust law may become the strongest competitor in establishing trust-based estate and wealth planning structures among the other no-tax jurisdictions.
UAE Plays a Decisive Role in the Economic Integration of GCC
One of the main objectives of the GCC is the gulf economic integration as per provisions of Article IV of the GCC’s set of laws for achieving coordination, integration and interdependence among member countries in all fields through similar economic regulations, joint ventures and strengthening ties with private sectors including technological and scientific progress.