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UAE Introduces Small Business Relief to Support SMEs and New Businesses

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UAE Introduces Small Business Relief to Support SMEs and New Businesses
  • Newsletter, U.A.E.

UAE Introduces Small Business Relief to Support SMEs and New Businesses

  • The United Arab Emirates (UAE) Ministry of Finance has announced a new initiative to reduce the corporate tax burden and compliance costs of small and micro-businesses, including startups. Small Business Relief Ministerial Decision No. 73 of 2023 will

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UAE Introduces Tax Relief Measures for Small Businesses and Government Entities
  • Newsletter, U.A.E.

UAE Introduces Tax Relief Measures for Small Businesses and Government Entities

  • The United Arab Emirates (UAE) Ministry of Finance has recently introduced several measures aimed at reducing the compliance burden for small businesses, government entities, and non-residents. These initiatives include Small Business Relief (SBR) under Article 21 of the

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CPTPP Enlarged: Singapore Greets Britain’s Inclusion in Free Trade Agreement
  • Newsletter, Singapore

CPTPP Enlarged: Singapore Greets Britain’s Inclusion in Free Trade Agreement

  • Singapore warmly welcomed Britain’s recent decision to become the first European country and the 12th member to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). As Britain sets its sights on bolstering its global alliances post-Brexit,

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IMF Calls India’s Digital Transformation a Blueprint for Developing Nations
  • India, Newsletter

IMF Calls India’s Digital Transformation a Blueprint for Developing Nations

  • India’s digital prowess is a global inspiration! The International Monetary Fund (IMF) confirms India’s “world-class digital public infrastructure” as a blueprint for digital transformation worldwide. In a recent working paper, the IMF praises India’s innovative approach and focus

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Singapore’s New Due Diligence Requirements for Corporate Finance Advisers
  • Newsletter, Singapore

Singapore’s New Due Diligence Requirements for Corporate Finance Advisers

  • By October 1, 2023, corporate finance (CF) advisers in Singapore are required to adopt new due diligence requirements. The objective behind implementing these new requirements is to enhance the quality and standards of corporate finance advisers in the

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India’s SME-Friendly Budget Creates Profitable Opportunities for Singaporean Businesses, Reports Singapore Chamber
  • India, Newsletter, Singapore

India’s SME-Friendly Budget Creates Profitable Opportunities for Singaporean Businesses, Reports Singapore Chamber

  • The future of small businesses in Singapore and India is looking brighter than ever! The SICCI has hailed India’s SME-friendly budget for 2023-24, paving the way for exciting new collaborations and growth opportunities. Joining forces for company formation

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The Latest on UAE’s Tax Residency Rules: A Comprehensive Guide
  • Newsletter, U.A.E.

The Latest on UAE’s Tax Residency Rules: A Comprehensive Guide

  • Ministry of Finance announced Decision (no.27 of 2023), adding clarity to determine tax residency as per UAE Cabinet Decision no. 85 of 2022. Legal entities must be established or recognized within the country to be UAE tax residents.

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Understanding UAE Corporate Tax: Exemptions, Qualifying Companies and More
  • Newsletter, U.A.E.

Understanding UAE Corporate Tax: Exemptions, Qualifying Companies and More

  • The United Arab Emirates (UAE) will introduce a Corporate Tax regime in June this year, in line with global trends for a minimum corporate tax rate. Before the new law commences, businesses must determine if they are subject

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DIFC Fintech Firms: Attracting Record Investment Ahead of Dubai Fintech Summit
  • Newsletter, U.A.E.

DIFC Fintech Firms: Attracting Record Investment Ahead of Dubai Fintech Summit

  • In preparation for the Dubai FinTech Summit scheduled for May 8th and 9th this year, under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of

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Dubai: The Gateway to Global Expansion for Indian MSMEs
  • Newsletter, U.A.E.

Dubai: The Gateway to Global Expansion for Indian MSMEs

  • In today’s changing global economy, Micro, Small, and Medium-scale enterprises play a vital role in driving economic growth and development. Indian MSMEs, which are often considered the backbone of the Indian economy, are now seeking to set up

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