Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]
Read here for Direct and Indirect Tax Rates and Rules for UAE
The United Arab Emirates (UAE) has signed the Inclusive Framework (IF) of the Organization for Economic Co-operation and Development’s (OECD) on Base Erosion and Profit Shifting (BEPS)in May 2018. As a result, the UAE is committed to introduce the following BEPS minimum standards:• BEPS Action 5: Countering Harmful Tax Practices, considering transparency and substance.• BEPS […]
It was first in 2009 , the International Accounting Standards Board (IASB)introduced the International Financial Reporting Standard for Small and Medium sized Entities (IFRS for SMEs). The objective of IASB was to develop a reporting framework that meets the needs of Entities that are required topublish financial statements for external users. The initiative was taken […]
Scope and Background Economies across the globe are severely affected by the impact of COVID-19 and after completion of three quarters of year 2020 the magnitude of this crisis is still worrying the businesses and governments. We extend our sincere gratitude to the efforts of the health professionals and governments working tirelessly to combat the […]
It was first in 2009, the International Accounting Standards Board (IASB) introduced the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). The objective of IASB was to develop a reporting framework that meets the needs of Entities that are required to publish financial statements for external users. The initiative was taken […]
Background: The UAE has signed the Inclusive Framework (IF) of the Organization for Economic Co-operation and Development’s (OECD) on Base Erosion and Profit Shifting (BEPS)in May 2018. As a result, the UAE was committed to introduce the following BEPS minimum standards: BEPS Action 5: Countering Harmful Tax Practices, considering transparency and substance BEPS Action 6: […]
Direct and Indirect Tax Rates and Rules for UAE Key information: Direct Taxes: In practice, although there are Emirate-based income tax decrees which may apply to all businesses, these decrees are currently only enforced in respect of income generated from business activities related to exploration and production of oil and gas. Such an income may […]
STROLLA joins IR as the exclusive Transfer Pricing Member in the United Arab Emirates
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Alfred Strolla of STROLLA. Alfred has joined IR as our exclusive Transfer Pricing member in the United Arab Emirates. STROLLA Limited is a business advisory, audit & assurance, consultancy, and IT consulting firm based in Abu Dhabi, United Arab Emirates with cumulative […]
