Türkiye Proposes 10 Percentage Crypto Income Tax and Transaction Levy on Service Providers

Tax & Accounting Mar 04

Türkiye has proposed a new crypto taxation framework introducing a 10 percent withholding tax on profits from digital asset transactions and a 0.03 percent levy on crypto service providers. The measure reflects growing regulatory oversight as the country emerges as one of the world’s largest cryptocurrency markets.

Legal & Regulatory

Kuwait Amends National Military Service Law Through New Decree

Mar 03

Kuwait has amended its national military service law through Decree-Law No. 9 of 2026, clarifying eligibility rules, exemptions, and administrative procedures to address implementation gaps. The revised framework applies compulsory service to Kuwaiti males turning 18 starting with those born on January 1, 2012, while exempting earlier cohorts and cancelling non-compliant procedures.

Economy & Trade

The Strait of Hormuz Crisis: What the Iran Conflict Means for Energy, Shipping, and Business in the Middle East

Mar 02

As the Iran military response triggers a de facto closure of the world's most critical oil chokepoint, the Strait of Hormuz, businesses across the world face immediate and cascading consequences.

Tax & Accounting

Comparing Tax Environments: Dubai, Hong Kong, and Singapore

Mar 03

While Dubai, Hong Kong, and Singapore all offer attractive tax regimes, determining which one aligns best with your business goals requires careful consideration of various factors.

Qatar Implements Global and Domestic Minimum Tax: Pillar Two Scope and Next Steps

Tax & Accounting Feb 26
Saudi Arabia Refines RHQ Procurement Rule with Formal Exemption Framework: What Businesses Need to Know

Legal & Regulatory Mar 03
Strengthening Tax Transparency: UAE Exchange of Information Framework

Tax & Accounting Feb 24
US Supreme Court Strikes Down Trump’s Tariffs: Implications for Gulf Trade and Business

Economy & Trade Feb 23

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Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.