by PREMA Team | May 8, 2025 | Business
Dubai International Chamber successfully attracted 53 companies to the emirate during Q1 2025. It represents a 39 per cent increase compared to 38 companies attracted in Q1 2024. These included 11 multinational companies (MNCs), marking a 120 per cent increase...
by PREMA Team | May 7, 2025 | Corporate Tax
The UAE has issued clarification over rules for tax rules for real estate investors in the country. The Federal Tax Authority (FTA) has issued a public clarification regarding Corporate Tax on the tax treatment of investors in a Real Estate Investment Trust...
by PREMA Team | May 5, 2025 | Business
Kuwait has banned cryptocurrency mining as it looks to regulate the activity and cut down on overloads of electricity network. The Ministry of Interior warned against cryptocurrency mining practices by individuals and entities in Kuwait, which is...
by PREMA Team | May 2, 2025 | PREMA Insights
The United Arab Emirates (UAE) continues to solidify its position in the global tax framework by issuing Ministerial Decision No. (88) of 2025, which provides administrative guidance on the application of the Top-Up Tax under Cabinet Decision No. (142) of 2024. This...
by PREMA Team | May 2, 2025 | Business
Saudi Arabia has urged taxpayers to take advantage of a waiver on fines and penalties before June 30. The Zakat, Tax, and Customs Authority (ZATCA) has called on all taxpayers subject to tax regulations to take advantage of the Cancellation of Fines and Exemption of...
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