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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. […]

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 […]

Banking & UAE

(Dubai, 23/07/2018) As long as there are very practical bottlenecks for companies, the intended growth of entrepreneurial sectors is a kind of crippled. Blaming mainly „increasingly stringent regulatory standards“ for such delays is in our view misleading. First and foremost, there should be made a qualification offensive in UAE’s retail banking sector. https://www.arabianbusiness.com/startup/401258-majority-of-uae-entrepreneurs-say-banking-is-the-biggest-challenge

UAE VAT Update

(Dubai, 11/02/2018) The sequence of tax introductions in UAE seems to be now clear: Excise Tax – checkVAT – checkCorporate Tax – under studyPersonal Income Tax – later stage https://www.khaleejtimes.com/business/vat-in-uae//no-vat-excise-tax-increase-over-next-five-years-in-uae

Striking Change in UAE’s Work Visa Policies

(Dubai, 11/01/2018) The UAE announced this week that, starting 04/02/2018, expat work visa applicants must obtain a Certificate of Good Conduct (and Behavior) from the (home) country/ies where they have legally resided over the last five years. This Certificate has to be duly attested, legalized and super-legalized in the origin country and the UAE. This […]

Standard Chartered UAE – We Love to Entertain you

(Dubai, 20/10/2014) In August 2014 already, the “so much to UAE committed” foreign bank Standard Chartered announced to exit parts of its SME business in the federation. In the beginning of this month, the mass mails went to delivery. Our recommendation to Corporate and Private Customers at that time was to close their accounts before […]

UAE & Germany: The new DTAA and taxation addition – be increased cautious with UAE subsidiaries

(Dubai, 22/07/2013) Even two years after the new double taxation avoidance agreement (DTAA) between Germany and the United Arab Emirates (UAE) – ratified on May 6, 2011 – came into force with effect from January 1, 2009, frustration and insecurity amongst businessmen and taxpayers are still high with view to the change from an exemption […]

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\n\n\n\n\n#mciclt #remoteadvisory #remoterepresentation #counselling #smehardships #navigation # crisismanagement #riskawareness #riskmanagement #riskmitigation #bankruptcyprevention #l...
\n\n\n\n\nEurope\'s Legal Answer To Tax Havens\n\n\n\n Introduction\n\n\n\nWhen thinking of asset or profit shifting, capital protection and tax benefits (even tax havens), the thoughts of man...
\n\n\n\n\nWithout any doubt, 2020 was so far the biggest challenge for us all!\n\n\n\nAs we all\nslowly move into our New-Normal, it is now a very important time to reflect and\nadapt this s...
\nVideoconferencing - even in the Middle East\n\n\n\n These times are no doubt as uncertain as they are stressful.We at MCI CLT are here to help as much as we can.\n\n\n\nWe are offering\n\n...
\n26.03.2020\n\n\n\nintending 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 abo...
\nUAE Free Zones started with legal execution of claims\n\n\n\n\n\n\n\nThere was a very attractive double taxation agreement (DTA) between Germany and the United Arab Emirates (UAE) up to a...
\n\n\n\n\nThis 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 inform...
\nEconomic Substance Regulation (Reporting) implemented in UAE – a massive change of the shape of business operating environment\n\n\n\n\n\n\n\n(Dubai, 07/08/2019) The United Arab Emirate...
\n(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 Inde...
\n\n\n\n\n(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. Ar...

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