Earlier this month, the Saudi Arabian Government approved the Unified Agreement for Value Added Tax ("Unified Agreement").

On 31 January 2022, the UAE's Ministry of Finance ("MoF") announced the much anticipated introduction of a federal Corporate Tax ("CT") on business profits under a prospective CT regime in the UAE.

The Federal Tax Authority (FTA) has recently issued Public Clarification TAXP007, introducing a grace period for updating tax records.

Il Ministero delle Finanze degli Emirati Arabi Uniti ha recentemente emesso la Decisione Ministeriale n. 73 del 2023 sulla "Relief per le Piccole Imprese" ai fini del Decreto...

The Cabinet of Ministers (CoM) has provided a wonderful gift to businesses of UAE on the occasion of Ramadan Eid by issuing Decision No. 49/2021 (New Resolution

The enactment of the Federal Decree-Law No. 47 of 2022 has marked a significant shift in the UAE's corporate tax landscape. At the heart of this law lies the designation...

At Berkley Ltd, our mission has always been to combine strong local expertise with an international outlook. With offices in Cyprus and the United Arab Emirates, including our presence in Abu Dhabi...

Home to one of the biggest ports in the world, the UAE is an integral shipping hub in the global trading ecosystem.

The UAE Ministry of Finance published, on 28 October 2024, Ministerial Decision No. 261 of 2024 on Unincorporated Partnerships, Foreign Partnerships and Family Foundations for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses and its amendments.

Nexdigm hosted a focused knowledge session unpacking the recent developments and future trajectory of UAE VAT law. It served as a practical briefing for tax professionals, CFOs, and compliance officers navigating a rapidly evolving VAT regime.

Whilst businesses and regulators eagerly await the complete legislation that enacts (VAT) across the GCC, I would like to share my views on the different discussions I have come across.

The six member states that comprise the GCC have become the latest to join a host of countries that have introduced VAT since it was first established in France just over 60 years ago.

The increased need to diversify the economy, changing operating models and promoting smart initiatives led by technology and employment continue to be key trends.

The UAE Corporate Tax and Transfer Pricing implementation requires an in-depth analysis apart from correct documentation and compliance with the law. In this recent podcast, experts discus and evaluate...

The UAE Corporate Tax and Transfer Pricing implementation requires an in-depth analysis apart from correct documentation and compliance with the law.

GCC VAT regimes – State of play 2020 – In June 2016 the six GCC countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia (KSA) and the United Arab Emirates (UAE)) signed the GCC VAT Framework...

The Ministry of Finance Decree No. 24 of 2023 (the "Decree") was published in the Official Gazette on 11 January 2023, and entered into force as of 12 January 2023. The Decree amends, adds to and annuls several...

On 8 December 2025, the Federal Tax Authority issued Decision No. 8 of 2025 setting out timelines for tax compliance requirements applicable to certain investment funds and their juridical investors.

Starting from January 1, 2025, the United Arab Emirates (UAE) will implement significant changes to its corporate tax regime. This adjustment involves raising the corporate tax rate...

This Cabinet Decision has come into effect from the 1st of May 2019.