Newsletter - November, 2018

The UAE in general and Dubai in particular offer excellent options for trading and commercial activities that is why Dubai has become the fastest growing Emirate. Surely, there are quite a lot of offshore jurisdictions and places around the world where it is very profitable to open a company, but you are unlikely to find another place with such a good combination of all the factors for doing business...

Regardless of who you are, a private taxpayer, or a corporate person, most likely, you have thought about the possibilities of reducing your tax burden at least once. What is tax evasion, tax planning, and tax avoidance – in order to understand that issue, we take a look at the difference between them, and also we consider some examples and facts of applying certain practices as well as things that are considered as tax fraud...

There are many reasons why non-residents choose UAE banks to open their bank accounts. High reliability of local financial institutions, low maintenance costs, and simplified requirements are among those...

As you know, the UAE has introduced a value-added tax (VAT) of 5% on January 1, 2018. But the good news for tourists and foreign shoppers is that the local Government has developed the special procedure of tax refund – VAT refund for tourists...

The project developer, Kleindienst Group company, has shared its plans to open a new hotel complex in the coastal line of Dubai on the artificial archipelago of the Heart of Europe. The Heart of Europe is part of the large-scale artificial island project, “the World”...