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: […]

Dear Mr. Alabbar . . .

(Dubai, 25/09/2018) Dear Mr. Alabbar, this is for sure the wrong time to blow in the (wrong) nationalism trumpet. While the UAE government is intensively developing a huge bunch of reforms to attract not only more people, but especially also Foreign Direct Investments (FDI) to develop the country which made also YOU big, you want […]

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 […]

Property Betterment

Property Betterment for Landlords in Dubai   Property Owners & Landlords in Dubai are facing various problems in this emerging, virulent and transient market with Frequently changing Rules & Legislation on Emirate/Federal Level Incongruent Tenant Protection efforts of the Government Incompetent (if not even silly) Agents & Advisors – with poor, even no Law Knowledge […]

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 […]

Dubai: A leading Global Financial Centre?

(08/08/2012, Dubai) The global financial crisis which has become almost pandemic in the last few years has led to a lack of confidence in not only the banking and economic systems which currently operate, but in the financial centres and governments that provide these services and regulate them. The City ofLondon, for example, has come […]

UAE Banks to adopt IBAN Numbering

IBAN system will begin November 19 but Central Bank will allow 3-month grace periodDubai: The UAE Central Bank is introducing the International Bank Account Numbers (IBAN) system for all bank customers in the UAE from November 19, according to a communication sent out to banks recently. "Banks have been communicated about the implementation of IBAN […]

Domestic Company

Domestic Company – Freestyle at the Gulf   Basis for companies which shall be established and operated in the UAE domestic (or "mainland"), is Federal Law No. 8 of 1984, "Commercial Companies Law" (CCL), as well – at least for most foreigners negligible – as rules for partnerships in the UAE Civil Code. Opinions differ […]

Focus Middle East

UAE – From a Pirate Coast to a Zero Tax Haven   Since 1971, the worldwide perfectly developed brand „Dubai“ is embedded in a federation of seven United Arab Emirates (UAE), which is often forgotten in the perception. In this respect, this country profile refers not to the (single) Dubai alone, but throughout the UAE. […]

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\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...
\n(Hong Kong, 2018-06-06) RAK Bank, RAK Bank, RAK Bank (although it could be nearly any other UAE Bank)!\n\n\n\nYou and your other competitors are well know - even over borders - for ar...
\n(Dubai, 25/09/2018) Dear Mr. Alabbar, this is for sure the wrong time to blow in the (wrong) nationalism trumpet.\n\n\n\n\n\n\n\nWhile the UAE government is intensively developing a huge ...
\n(Hanoi, 06.05.2019) From 14.-16. May 2019 it\'s time to increase the footprint in Indochina, especially in VietNam.\n\n\n\n\n\n\n\nWHY VIETNAM?\n\n\n\nVietNam is predicted to be the fastest gr...
\n(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.\n\n\n\n\n\n\n\nTh...
\n(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 ...
\n(The Hague, 04.04.2019) Although from the headline seen \"just\" something related to the Danske Bank Scandal, this article is a brilliant summary of Deutsche Bank\'s US activities (...

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