UAE Corporate Tax: 5 points UAE free zone businesses need to look into
Free zones have been among the strongest pillars of the UAE growth journey. Business owners operating in the free…
Tax
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UAE to offer corporate tax relief to ‘public benefit’ entities
The UAE Ministry of Finance said public benefit entities that contribute to the welfare of society are eligible for tax…
KPMG in Kuwait publishes infrastructure report; illustrates current state and challenges in the sector
With infrastructure development continuing to be one of Kuwait’s primary focus areas, KPMG in Kuwait published its latest infrastructure report. …
What the UAE’s corporate tax means for SMEs
Many owners of small and medium enterprises (SMEs) often have multiple revenue streams with different legal structures. These entrepreneurs…
KPMG: Despite increase in cost of funds and liquidity constraints, Saudi banking industry reported robust growth in 2022
Total assets grew by 11.5% reaching to SAR 3,832 billion ($1.02 billion). Deposits were up by 8.34%, closing at SAR…
Corporate Tax is ‘a good opportunity’ but panel of experts raise red flag on awareness
Leading auditing and taxation firm Corporate Group sought to allay concerns over the looming regime of corporate tax in the…
KPMG publishes eighth edition of the GCC listed banks’ results
With banks looking to navigate through pandemic-driven difficulties toward economic recovery and stability, KPMG published the eighth edition of its…
Federal Tax Authority launches 'Muwafaq Package'
The Federal Tax Authority has launched the "Muwafaq Package" initiative, which aims to facilitate doing business and tax compliance in…
UAE tax residency certificates: Step-by-step guide, cost to get them
Individuals who spend 183 or more days in the UAE during a year are considered tax residents. They can obtain…
UAE Corporate Tax: What real estate investments can mean for a business
The introduction of corporate tax in the UAE is going to be a commendable effort from a policy perspective. Considering…
Authorities act against two companies for QR24 million tax evasion
In coordination with the relevant authorities, the Revenue Protection Team of General Tax Authority identified tax evasion cases by a…
Abu Dhabi Businesswomen Council and Wio Bank form partnership
The Abu Dhabi Businesswomen Council has signed a Memorandum of Understanding (MoU) with Wio Bank PJSC, the region’s first platform…