These times are no doubt as uncertain as they are stressful.We at MCI CLT are here to help as much as we can. We are offering Legal Advisory | Management Assistance | Team Coaching via videoconferencing sessions.We will do our best to guide you through this difficult time.All from the comfort and safety of your […]

Dear Clients, Partners & Friends,

intending not to sound like the dozens of emails you have received in the past weeks, we aim to relay a different message; of course, we are still very concerned about your well-being – who isn’t? We are here to deliver a brighter and hopefully more inspiring message to get us through these difficult times. […]

Welcome to the UAE – You have a Travel Ban!

UAE Free Zones started with legal execution of claims There was a very attractive double taxation agreement (DTA) between Germany and the United Arab Emirates (UAE) up to and including 2008, using the so-called exemption method. In other words, in the UAE generated corporate profits of companies with tax duty in Germany were ultimately tax-free. […]

14.08.2019: Client News Alert, ESR etc.

This News Alert information could be useful, maybe essential for your business activities in the United Arab Emirates. Please don’t hesitate to contact us for further information, backgrounds and discussions. Economic Substance Regulation – the BEPS After Burner With Cabinet Resolution No. 31/2019 (resolved 31/04/2019 and published 11/06/2019) the UAE finalized the implementation of Economic […]

ESR – the BEPS After Burner

Economic Substance Regulation (Reporting) implemented in UAE – a massive change of the shape of business operating environment (Dubai, 07/08/2019) The United Arab Emirates (UAE) are indeed one of the more prominent NOON (“no or only nominal” tax) countries, which are more and more in the focus of international “tax justice” discussions. Although the UAE […]

The 2019 Easiest & Most Complex Countries to do Business

(The Hague, 17.06.2019) TMF Group, MCI CLT’s associated partners in Asian Offshore Association (AOA), published in the beginning of June its 2019 Global Business Complexity Index with some surprising findings. TMF analyzed a total of 76 jurisdictions with a transparent explained methodology, focusing on three essential areas which influence the complexity, when operating a business: […]

The End of the Bear? Crypto Currency on the Comeback …

(The Hague, 03.06.2019) Coming out of Q1/Q2 of 2019, the crypto currency space is seemingly reigniting the spark it had lost over the bear cycle that began in January 2018. Arguably, this cycle has come to an end, with Bitcoin – ahead of the pack – surging from $ 5,000 to $ 8,600 (at time […]

5. Annual Asian Offshore Forum in HaNoi

(Hanoi, 06.05.2019) From 14.-16. May 2019 it’s time to increase the footprint in Indochina, especially in VietNam. WHY VIETNAM? VietNam is predicted to be the fastest growing APAC market over the next 10 years (Forbes)VietNam’s UHNWI reached 110 in 2013. This number is predicted to reach 293 by the end of the next decade, which […]

4AMLD: Update

(The Hague, 23.04.2019) The Dutch government has confirmed that a registry of ultimate beneficial owners of companies will enter into force in the Netherlands from 2020. The register will be introduced as part of the Trade Register of the Chamber of Commerce in January 2020, after which all newly registered companies will have to comply. […]

Dominica (Caribbean) goes „Onshore“

(Dubai, 09/04/2019) In March 2019, the Parliament of the Commonwealth of Dominica enacted a series of new laws, forced upon it, as well as upon many other independent nations, by the OECD as a global effort to combat tax evasion and to destroy the financial services sectors of these small independent nations. These new laws are: […]


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