by PREMA Team | Dec 29, 2023 | Uncategorized
Saudi Arabia said on Tuesday it will offer tax incentives for foreign companies that locate their regional headquarters in the kingdom, including a 30-year exemption for corporate income tax. The world’s top oil exporter announced in February 2021 plans to cease...
by PREMA Team | Dec 26, 2023 | Uncategorized
The UAE’s Federal Tax Authority has issued a guide for “natural persons” who generate income in the country or do business, to help them determine whether they are subject to corporate tax. The guide provides a “comprehensive and...
by PREMA Team | Dec 19, 2023 | Uncategorized
The Ministry of Economy has detailed provisions of its new e-commerce law that came into effect in September and is aimed at boosting the investment attractiveness of the Emirates and enhancing its economic competitiveness. The legislation replaces the preceding law...
by PREMA Team | Dec 8, 2023 | Uncategorized
The UAE unveiled a slew of measures to streamline businesses and facilitate services for consumers in the country, in line with the international digital commerce trends. It also announced a new law, adopting a flexible approach to legislation, to emphasise the key...
by admin | Dec 1, 2023 | Uncategorized
Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi today announced a $30 billion fund to bridge the climate finance gap and create affordability in the fight against climate change. At the opening of the World Climate Action Summit at...
by admin | Nov 6, 2023 | Uncategorized
Dubai: The UAE Ministry of Finance has released two significant decisions, Cabinet Decision No. 100 of 2023 and Ministerial Decision No. 265 of 2023. Under these decisions, changes have been made to qualifying income and activities in free zones. “Free zones are...
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