News Archive 2017 | Page 6 of 12

In 2026, working with offshore companies in the UAE requires a much more balanced and professional approach than before. Stricter banking requirements, the expansion of international tax information exchange, the growing role of compliance, and increased scrutiny of economic substance have made many “old” practices ineffective...

The United Arab Emirates is one of the most attractive jurisdictions for international investors and entrepreneurs, including due to its extensive network of double taxation avoidance agreements (Double Tax Treaties, DTT). Such bilateral agreements have been concluded between the UAE and dozens of countries worldwide...

Against the backdrop of chronic budget deficits and rising government spending, many countries continue to raise tax rates and tighten fiscal control over individual and corporate income. As a result, representatives of international business and high-net-worth individuals are increasingly considering changing their tax jurisdiction or tax residency in search of more favorable conditions...

In the United Arab Emirates, the special purpose vehicle (SPV) regime was introduced within the legal framework of the Dubai International Financial Centre (DIFC). It was initially approved in September 2016 and has since been successfully applied and further developed, becoming one of the key instruments for asset and investment structuring 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...