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UAE Introduces Tax Relief Measures for Small Businesses and Government Entities

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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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2023 Middle East M&A Outlook: Brace for Surprising Developments
  • Article, U.A.E.

2023 Middle East M&A Outlook: Brace for Surprising Developments

  • Gulf SWFs and PE firms have substantial financial resources to support significant M&A activity. The Middle East’s M&A sector experienced a deceleration in 2022, with both corporate and financial investors adopting a cautious stance due to surging interest

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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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Rupee-Dirham Trade Deal to Boost Business Ties Between UAE and India
  • India, Newsletter, U.A.E.

Rupee-Dirham Trade Deal to Boost Business Ties Between UAE and India

  • Abdulnasser Jamal Alshaali, the UAE ambassador to India, informed that technical discussions between the UAE and India are underway to establish a trade arrangement with a finalized rupee-dirham exchange rate. According to him, the technical discussion is still

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Becoming a Tax Resident in the UAE: What You Need to Know
  • Newsletter, U.A.E.

Becoming a Tax Resident in the UAE: What You Need to Know

  • The UAE government released the Cabinet Decision No. 85 of 2022 on September 2nd, 2022, to establish tax residency regulations in the country. These regulations determine when an individual or entity, such as a natural person or a

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Why UAE’s Free Zones Are a Dream for Businesses: Corporate Tax Exemption
  • Newsletter, U.A.E.

Why UAE’s Free Zones Are a Dream for Businesses: Corporate Tax Exemption

  • The United Arab Emirates (UAE) is a favoured investment destination for foreign investors. This is primarily due to its advantageous geographical location, economic and political stability, forward-thinking business regulations, and rich talent pool. Nevertheless, the Free Zones, dedicated

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Dubai UAE Witnesses Growing FDI Inflow on The Back of New Visa Reforms
  • Newsletter, U.A.E.

Dubai UAE Witnesses Growing FDI Inflow on The Back of New Visa Reforms

  • New visa reforms and ease and simplicity of doing business are attracting a growing number of foreign investors for new business setup in Dubai UAE. As per a report, the UAE government has initiated several measures to make

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