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Category: Newsletter

April 29, 2020
Newsletter,U.A.E

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DIFC Foundations now being accepted as Direct Shareholders by JAFZA

JAFZA (the Jebel Ali Free Zone) has become the most recent Dubai jurisdiction to allow Dubai International Financial Centre (DIFC) Foundations as direct shareholders and/or incorporators in registered entities. This is a big step forward when it comes to business consolidation and growth.

VAT Refund For Foreign Businesses in the UAE

April 23, 2020
Newsletter,U.A.E

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VAT Refund for Foreign Businesses in the UAE

The Federal Tax Authority (FTA) has introduced a VAT refund scheme in the United Arab Emirates for foreign businesses. With this scheme, all eligible non-United Arab Emirates established businesses will be able to submit the VAT refund requests for the calendar year 2019. However, the refund application needs to be made by 31st August 2020.

Indian IT Industry to Invest $3 Million in Bahrain

April 9, 2020
Bahrain,Newsletter

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Indian IT Industry to Invest $3 Million in Bahrain

There are seven IT companies that are interested in investing approximately $3.1 million or 210 crore rupees for Bahrain company formation.The monetary investment will help to improve Bahrain’s technology and communication.

saas-accounting-solutions-to-help-businesses

April 9, 2020
Newsletter

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SaaS accounting solutions to help businesses tide over the Coronavirus crisis

The world economy is staggering under the pressure of the CoVID-19 pandemic, which has now affected nearly 193 countries and impacted the livelihood of countless people all over the globe. As social distancing is the norm now, the businesses of all sizes are finding it hard to maintain a smooth run.

Chan Chun Sing Announces Support Packages to Help Businesses For The Next Three To Six Months

April 9, 2020
Newsletter,Singapore

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Chan Chun Sing announces support packages to help businesses for the next three to six months

Mr Chan Chun Sing, the Trade and Industry Minister of Singapore, recently announced that the Government has multiple relief measures planned to be executed to support the workers and businesses in the coming 3-6 months, as the CoVID-19 outbreak continues to threaten the country.

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IMC Group is a cross-border advisory firm focusing on the AMEA (Asia, Middle East and Africa) region. Founded in the year 1979, IMC offers a wide gamut of services to its esteemed clientele. Some of the services that we offer include Business Setup Solutions, Corporate Advisory Services, Global Mobility, Tax Advisory Services, International Tax Structuring, Special Purpose Vehicles (SPV), and Accounting and Bookkeeping Services.

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Applying for a VAT (Value-Added Tax) Refund in UAE

Make in India Boosted by PM Modi’s Rs 20 Lakh Crore Package to Tide Over COVID- 19 Pandemic

Kingdom of Saudi Arabia announces Increase in Value Added Tax

Singapore Companies COVID 19 Stimulus Measures