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Insurers have historically been reluctant to provide coverage on tax matters for deals in the Middle East, often excluding tax altogether from insurance policies.

Market participants are always looking for the optimal economic conditions for their activities.

Emerging markets are becoming increasingly attractive to 63 per cent of UK businesses, with 75 per cent eyeing Dubai as an overseas business location to expand into as the UK will no more be...

The UAE has long been known as a tax-free Country, attracting investors and entrepreneurs from around the world.

The United Arab Emirates (UAE) introduced ‘Economic Substance Regulations' (ESR or the Regulation) in April 2019.

The Federal Tax Authority (FTA) recently issued a detailed Corporate Tax Guide on Small Business Relief (SBR). The summary of the same is captured...

Foreign Account and Tax Compliance Act (FATCA) is a US legislation that aims to combat tax evasion by US persons.

A significant change has taken place in the UAE VAT landscape with the implementation of Cabinet Decision No. 127 of 2024, which expands the Reverse Charge Mechanism...

Recently, the six member states of the Gulf Cooperation Council, including the United Arab Emirates ("UAE"), have agreed on the introduction of Value Added Tax ("VAT").

The UAE Ministry of Finance (MoF) has issued Ministerial Decision No. 243 of 2025 on the Electronic Invoicing System (EIS) and Ministerial Decision...

As expected, United Arab Emirates (UAE) have announced the introduction of Corporate Income Tax on 31 January 2022. As a signatory to the Two Pillar package driven by the Organization...

E-commerce poses many challenges to legal practitioners and companies alike around the world, and the introduction of Value Added Tax ("VAT") in the United Arab Emirates ...

'The Federal Tax Authority has announced the time-limit for companies to register for VAT in the UAE.'

On 10 August 2020, The Cabinet of Ministers Issued Resolution No.57/2020 concerning Economic Substance Regulations (‘'Resolution 57'').

A Special Purpose Vehicle (SPV) is a legal entity created for a specific purpose, such as isolating financial risk, raising capital, or holding assets. SPVs are commonly established in Dubai...

Most businesses operating in the UAE start managing their finances with a basic setup at the outset. They hire an accountant to work on invoices, payroll, VAT, vendor payments, reconciliations, and reporting. For the initial few months, the system works fine. However, as businesses grow, the department notices a surge in transactions. There are more employees, multiple bank accounts, and tighter deadlines to manage.

Dubai remains one of the most attractive hubs for business setup, thanks to its zero corporate tax policies, strategic geographic location, and simplified residency visa processes. In 2024, global entrepreneurs.

You may have seen the media headlines about Qatar's new Excise Tax – dubbed a "sin tax" – which saw the price of alcohol, sugary drinks and tobacco in the country as much as double overnight.