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United Arab Emirates News - Business, Taxation & Offshore




Abu Dhabi Tax-Free Zone To Launch Foundations

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, June 2, 2017

Abu Dhabi Global Market, the low-tax international financial center, is seeking feedback on its proposal to allow the formation of "foundations," a trust-like entity widely used in civil law jurisdictions.Read Full Story

 

Smaller Businesses Less Prepared For UAE GST

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, May 24, 2017

According to a survey conducted earlier this month, more than half of businesses based in the United Arab Emirates do not have an implementation strategy in place for the forthcoming introduction of VAT in the territory from January 2018.Read Full Story

 

 

Qatari Cabinet Approves VAT

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, May 5, 2017

Qatar's Cabinet has approved the introduction of value-added tax at a five percent rate, as part of an initiative among Gulf Cooperation Council states.Read Full Story

 

Merkel Hopes EU Will Complete FTA With Gulf Nations

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, May 3, 2017

German Chancellor Angela Merkel held a number of meetings recently to push the conclusion of a free trade agreement with the Gulf Cooperation Council (GCC) nations – Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, Qatar, and Oman. Read Full Story

 

 

UAE Signs Up To Tax Information Exchange Standard

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, April 25, 2017

The United Arab Emirates has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, joining 108 other jurisdictions.Read Full Story

 

US To Investigate Ten Countries' Steel Exports

by Mike Godfrey, Tax-News.com, Washington

Friday, April 21, 2017

The Department of Commerce has initiated a wide-ranging antidumping duty and countervailing duty investigation into imports of carbon and alloy steel wire rod from ten countries.Read Full Story