Alliance-dubai.net - Newsletter - July, 2017

News & Articles

Common mistakes which may occur when working with UAE offshore companies

Common mistakes which may occur when working with UAE offshore companies

July 2017

Common mistakes which may occur when working with UAE offshore companies There is a number of rules that must be strictly followed to when working with the offshore companies as well as with other legal entities. Let us see the most common mistakes that may occur when working with such companies and the ways of preventing such well in advance. Choosing the inappropriate type of an offshore company in the UAE Yes, that is correct. You should know that nowadays there are 2 major types of the offshore companies in the UAE:

Dubai Double Tax Treaties

Dubai Double Tax Treaties

July 2017

Dubai Double Tax Treaties The United Arab Emirates is an attractive jurisdiction that is often used by foreign investors who want to take the advantages of the numerous double tax treaties — special agreements aimed at avoiding double taxation. Such bilateral agreements are signed between the UAE and many other countries. The effect of the double tax treaties network extends to all the UAE companies that carry out their activities either on the territory of the country or abroad. The Emirate of Dubai offers the benefits

Which Country has the best Tax Rate in the World?

Which Country has the best Tax Rate in the World?

July 2017

Which Country has the best Tax Rate in the World? Due to budget deficits, many countries continue to increase their tax rates as well as to apply stricter regulations to control the private and corporate income to impose taxes on such income. Thus international business and private persons, who are in the possession to consider relocation, are looking for the country which has the world best tax rates. If we take a look at the majority of the developed countries, the tax rate is in total 50% or more whereby, on top of it,

New Intermediate SPV Mode in the UAE

New Intermediate SPV Mode in the UAE

July 2017

New Intermediate SPV Mode in the UAE On September 19, 2016, a new mode for creating Intermediate Special Purpose Vehicle has been permitted by the Dubai International Financial Centre. New versions of the DIFC Companies Guidelines, which are currently under consideration, are expected to regulate and clarify the Intermediate SPV mode in Dubai. However, the Intermediate SPV mode was immediately enacted by the DIFC with certain provisions and rules either being dismissed or altered. The main reason that induced the

Floating Islands in the UAE

Floating Islands in the UAE

July 2017

Floating Islands in the UAE Will floating islands soon become floating free trade zones? Impressive, futuristic floating man-made islands in the UAE have been around for a while. The state has ambitious plans concerning their expansion and very soon we are to see many more water homes, villas, luxurious hotels and restaurants on the water with superb views. However, the question experts are concerned with runs as follows: Are floating free trade zones going to be the next? Some of them believe that they definitely are. It

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