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SMEs in UAE Embrace Outsourced Accounting for Superior Agility

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  • Newsletter, U.A.E.

SMEs in UAE Embrace Outsourced Accounting for Superior Agility

  • The UAE is quickly catching up with global trends, with nearly 37% of small and medium-sized enterprises in the country outsourcing their accounting functions. As international businesses thrive in this commercial hub of the Middle East, this trend

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What Businesses Should Know About DIFC Company Formation Head
  • Newsletter, U.A.E.

What Businesses Should Know About DIFC Company Formation

  • Risk management continues to be one of the prime challenges for businesses looking to raise funds. In this regard, the DIFC Prescribed Company (PC) formation is worth exploring, as it presents businesses with a risk-free environment to raise

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FTA Imposes Strict Penalties for Late Corporate Tax Payments Head
  • Newsletter, U.A.E.

FTA Imposes Strict Penalties for Late Corporate Tax Payments

  • The Federal Tax Authority (FTA) of the UAE has issued a firm reminder to businesses about the importance of timely corporate tax payments. In a recent announcement, the tax authority stated that companies failing to meet their tax

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India Issues Clarification on Tax Treaties with Singapore, Muritius and Cyprus Head
  • India, Newsletter, Singapore

India Issues Clarification on Tax Treaties with Singapore, Mauritius and Cyprus

  • The CBDT (Central Board of Direct Taxes) in India has issued a clarification regarding how the country is likely to apply the PPT (Principal Purpose Test) to treaties with Singapore, Mauritius, and Cyprus. This decision implies that investments

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Family Offices in Singapore record 43% growth in 2024 with 2,000+ new Establishments Head
  • Newsletter, Singapore

Family Offices in Singapore record 43% growth in 2024 with 2,000+ new Establishments

  • Singapore has cemented its position as one of the leading wealth management hubs in Asia. As evident from statistics, the number of single family offices in Singapore soared by 2,000 in 2024 itself. In 2023, the country had

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Golden Visa Program of the UAE Can Benefit Foreign Head
  • Newsletter, U.A.E.

How the Golden Visa Program of the UAE Can Benefit Foreign Investors

  • The UAE has been proactive in attracting foreign investors with its favorable visa programs. Particularly, the Golden Visa program of the country has transformed the nation into a premier destination for foreign investors. This visa program has been

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Trade and Investment Relations between India and Singapore Head
  • India, Newsletter, Singapore

An Overview of Trade and Investment Relations between India and Singapore

  • Over the years, India and Singapore have strengthened their strategic business partnership. The trade and investment ties between these two Asian nations have grown manifold in recent decades. Singapore continues to be a key investor in India, along

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Key Insights from the MoF Update on UAE Family Foundations
  • Newsletter, U.A.E.

Key Insights from the MoF Update on UAE Family Foundations

  • The UAE has introduced a significant update regarding family foundations that is likely to reshape the way high-net-worth families manage their wealth and maintain their legacy. The Ministerial Decision No. 261 of 2024, which has been in place

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UAE to Introduce 15% Corporate Tax for Multinationals From 2025
  • Newsletter, U.A.E.

UAE to Introduce 15% Corporate Tax for Multinationals From 2025

  • Summary: From January 2025, the UAE will introduce a 15% Domestic Minimum Top-up Tax (DMTT) for multinational enterprises with global revenues exceeding €750 million, replacing the existing 9% slab. This reform aligns the UAE with OECD’s Pillar Two

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Private Equity - The Future of Family Office Investments in Singapore
  • Newsletter, Singapore

Private Equity – The Future of Family Office Investments in Singapore

  • Singapore has rapidly emerged as a global hub for family offices, thanks to its favorable regulatory frameworks and attractive tax incentives from the government. As per the MAS (Monetary Authority of Singapore), the number of single family offices

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