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EU Blacklist for the UAE: what does it mean and what to expect for businesses?
Publications 27 March 2019 Assem Muratova
On the 12th of March, 2019, the Council of the European Union (hereinafter – the “Council”) have adopted a list of a non-cooperative jurisdictions for tax purposes (hereinafter – the “EU blacklist”).
Overview of foundations regime in the UAE
Publications 10 February 2019 Marsel Shadmanov
The past two years were marked for UAE legislation by great changes: starting from the first ever implementation of foundations regime in the MENA region.
How to secure your estate in the UAE: Basic steps of life planning
Publications 29 January 2019 Assem Muratova
The UAE laws strictly regulate the process of assets distribution upon individual's demise based on Sharia law. That said, death of even non-Muslim expatriate holding assets in the UAE will automatically lead to several matters.
Exempt Supplies
Publications 18 December 2018 Assem Muratova
With effect from the 1st of January, 2018, the United Arab Emirates (UAE) has implemented VAT at a marginal rate of 5%.
Tax violations in the UAE: penalties and their objection
Publications 3 November 2018 Assem Muratova
On the 24th of September, 2017 the UAE`s Cabinet of Ministers adopted the Resolution No. (40) on (the “Resolution”). This action was commenced after earlier introduction of 5% rated value added tax (the “VAT”) in the region.
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