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Gearing up for UAE Corporate Tax

Gearing up for UAE Corporate Tax

Surandar Jesrani, CEO & Managing Partner - MMJS Consulting

The Ministry of Finance (MOF) has released high level details on the proposed UAE Corporate Tax (CT) regime in the form of a press release and Frequently Asked Questions (FAQs) published on web portal of tax authorities i.e. UAE MOF and the Federal Tax Authority...
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Federal Decree No. 32 of 2021 on Commercial Companies

Federal Decree No. 32 of 2021 on Commercial Companies

Pushpakaran Parambath, Senior Partner - Kreston Menon Corporate Services

The United Arab Emirates government published the Federal Decree No. 32 of 2021 concerning UAE Commercial Companies Law (CCL 2021) which came into force on 2nd January 2022, on which date the Federal Decree Law No. 2 of 2015 and its amendments (CCL 2020) were...
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Longstanding Relationship between Japan and UAE

Longstanding Relationship between Japan and UAE

H.E. Noboru Sekiguchi, Consul-General of Japan in Dubai

In this year of 2022, Japan and the United Arab Emirates are celebrating the 50th anniversary of the diplomatic relations which was established on 4th May 1972. The two nations have been fostering strong and friendly relationships for the past 50 years.  The...
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Celebrating UAE and UK ties – The UK is open for Business

Celebrating UAE and UK ties – The UK is open for Business

Andrew Griggs, Senior Partner of Kreston Reeves, Board member of Kreston Global

Celebrating UAE and UK ties – The UK is open for Business The UK and the UAE have long and deep ties that extend back 50 years. Those ties are built on friendship, cultural and economic relationships. At the heart of the current relationship is the initiative,...
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Israeli Companies to make huge investments in Technology and Food Industries in the UAE

Israeli Companies to make huge investments in Technology and Food Industries in the UAE

kreston

As the bilateral trade relations between the UAE and Israel are steadily growing, more Israeli companies are looking for major investments in the UAE. According to Prof. Ehud Menipaz, Chairman of International Advisory Committee, Israel Directors Union (IDU) the focus...
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Evolving Tax Landscape in the Middle East – A Commentary

Evolving Tax Landscape in the Middle East – A Commentary

Surandar Jesrani, CEO & Managing Partner - MMJS Consulting

BACKGROUND The Transfer Pricing landscape in the Middle East region has been continuously evolving in the last couple of years largely as a consequence of developments arising out of the OECD’s Base Erosion and Profit Shifting (‘BEPS’) project. Several countries in...
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Expo 2020 Dubai: Precursor for the Future

Expo 2020 Dubai: Precursor for the Future

Sudhir Kumar, Senior Partner & Head of Corporate Communications - Kreston Menon and Director - Kreston Global Board

World’s Mega Event The UAE has taken the global center stage with the opening of Expo 2020 Dubai which is termed rightly as the extravaganza of business, technology, connectivity, and culture. One may wonder on the long term objectivity of this mega event, but the...
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A Partnership to Celebrate: the UAE, the UK and Expo 2020 Dubai

A Partnership to Celebrate: the UAE, the UK and Expo 2020 Dubai

H.E. Simon Penney, Her Majesty’s Trade Commissioner for the Middle East and Her Majesty’s Consul General to Dubai and the Northern Emirates

The UK and the UAE share a deep and enduring friendship, built on decades of economic, cultural and people to people ties.  This friendship, and the history that we share, lay the foundations for our future relationship.   The UK stands shoulder to...
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New Visa Reforms: Major initiative to attract and retain talent

New Visa Reforms: Major initiative to attract and retain talent

Pushpakaran Parambath, Senior Partner - Kreston Menon Corporate Services

Golden Visa/Long Term Visa for Investors & Entrepreneurs UAE Government decided to grant investors a ten-year residency visa, as well as to grant residency visas of up to 10 years for specialists in the medical, scientific, research and technical fields, and for...
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FTA VAT Audit – The Onset of a New Journey

FTA VAT Audit – The Onset of a New Journey

Surandar Jesrani, CEO & Managing Partner - MMJS Consulting

It has been more than three years that the term “VAT” has become an integral part of business communities in the UAE. We can surely say that VAT for business is like blood in the body. The UAE’s Federal Tax Authority (FTA), for its part, has taken proactive measures...
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