Other Briefings
UAE Trade Relations With East Africa: Current Status & Prospects
East African GDP growth now significantly higher than global average By Farzad Ramezani Bonesh Introduction East African economies include Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Mozambique, Seychelles, Somalia, Tanzania, Uganda, Zambia and Zimbabwe, with eight of these showing annual GDP growth rates in excess of 5% and all bar two performing at higher […]
Updates To UAE Transfer Pricing Documentation
New updates related to Transfer Pricing under the UAE Corporate Tax regime have been issued by the UAE Ministry of Finance, with the Ministerial Decision No (97) of 2023 relating to the maintaining of transfer pricing documentation.
Performers, Entertainers Now Subject To Tax in the UAE
The UAE is introducing a new tax regime from 1st June this year – just three weeks away. With that come a whole new area of services, such as entertainment, that are now subject to Corporate Income Tax deductions in the UAE. We explain the tax regime.
The UAE Joins The Shanghai Cooperation Organisation As A Dialogue Partner
With the Middle East now on board, Israel will eventually have to choose between the United States and Eurasia as its core geographical base. The UAE has become a dialogue partner of the Shanghai Cooperation Organization (SCO), according to the SCO secretariat, following a memorandum of understanding signed between the SCO countries and the UAE […]
Gulf Cooperation Council Set To Introduce GCC Visa Valid For UAE, Saudi Arabia, Bahrain, Kuwait, Qatar, and Oman
The Gulf Cooperation Council (GCC) is set to introduce a Schengen-style, unified visa for tourists and businessmen from 35 foreign and Arab countries, following discussions at the “Future of Travel for the GCC” discussion at the ongoing Arabian Travel Market currently being held at the Dubai World Trade Centre. The unified visa system aims to […]
Applying For A Five Year Multi-Entry Visa For Dubai
New visa regime is designed to attract visiting businessmen and tourists Visitors regularly attending meetings in Dubai can now obtain a five-year entry permit that allows them to enter the UAE multiple times a year and stay in the country for up to 180 days without a sponsor.
UAE Corporate Tax Changes: Can A Free Trade Zone Company Change Status To Obtain Small Business Tax Relief?
With the 1st June deadline now less than a month away, decisions continue to be made (albeit somewhat last minute) at the UAE Ministerial level as concerns changes to the UAE Corporate Income Tax regime.
Dubai Positions Itself To Attract Hong Kong Financial Services Investments
The UAE’s low taxes, supportive regulatory frameworks, technological innovation and a quality talent pool have made Dubai an attractive home for a growing number of hedge funds, with the country now reaching out to attract businesses from Hong Kong. These attributes could help the Emirate act as a gateway to the Middle East for Hong […]
UAE To Assist Belarus To Develop Middle East Trade
The UAE Embassy in Belarus will assist the Belarusian Universal Commodity Exchange (BUCE) in the development of exchange trade with the countries of the Middle East, North Africa and Asia. This agreement was reached following the meeting between Ambassador Extraordinary and Plenipotentiary of the UAE to Belarus Ibrahim Salim Mohamed Almusharrekh and the management of […]
UAE, Cambodia Conclude Comprehensive Economic Partnership Agreement
Trade deal opens UAE markets to Cambodian exporters and vice-versa The United Arab Emirates and Cambodia have finalised the terms of a Comprehensive Economic Partnership Agreement (CEPA), the UAE Ministry of Economy has confirmed.
