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UAE Tightens Corporate Governance and Anti-Money Laundering Rules: What It Means for Businesses in 2026 Category: Corporate Compliance & Business Advisory
The United Arab Emirates has taken another decisive step to cement its reputation as one of the world’s most trusted and investor-friendly business destinations. In a recent meeting of the country’s Economic Integration Committee, senior officials reviewed a fresh set of measures designed to strengthen corporate governance, tighten the framework

Oman Announces Economic Stimulus Package!
Oman aims to put its economy back into track post the pandemic-hit period. Sultanate of Oman has approved a new Economic Stimulus Package on Tuesday, with a mission to set back right the economy impacted by the spread of corona virus. The package, approved by Sultan Haitham bin Tarik is

Aug 23: New Deadline for Anti-Coverup Law Violations.
Saudi Arabia set to curb commercial concealments. As part of their ongoing fight against commercial coverup businesses, the Ministry of Commerce and the National Anti-Commercial Concealment Program of Saudi Arabia have set August 23, 2021 as the deadline to correct all the violations with respect to Anti-Commercial Concealment Law. According

Start 100% Foreign owned company in Saudi Arabia
Invest in Saudi Arabia Saudi Arabia is the fastest growing and diversifying market in GCC. As per the latest world bank ranking on Ease of Doing Business, Saudi Arabia is placed at 62nd position compared to 92nd position in the year before. This drastic improvement has been the result of

Riyadh says “Ahlan wa Sahlan Investors!”
It is an interesting time for Saudi Arabia. Changes in so many different domains remain to keep business experts across the globe eager and excited. KSA has been witnessing a paradigm shift in its economic and foreign policies. Vision 2030 is one such transformational project launched by Crown Prince Salman

Bahrain to Continue Economic Support Packages.
Relative to its economic output, Bahrain deployed the Gulf region’s biggest stimulus package Like the rest of the world, pandemic had been the toughest for the Kingdom of Bahrain along with the low oil prices hitting the public finances. However, the Kingdom has announced that it could extend the duration

UAE Welcomes Entrepreneurs with Policy Changes
Now you can hold 100% ownership in certain sectors in Mainland UAE. Have you ever thought of starting a business in the UAE? If you have, there is good news for you, and if you haven’t, maybe it’s the right time to think of one. UAE is a country that

Get a License and sponsor your family for Dh. 530 in UAE
Now live and work in Abu Dhabi as ADDED launches freelancer license Are you planning to move out of your current job and start your own consultancy? Abu Dhabi’s Department of Economic Development has just made it easier for skilled professionals, both residents and nonresidents, in specific categories to apply

Minimum Alternate Tax & Alternative Minimum Tax
Minimum Alternate Tax and Alternative Minimum Tax are taxation concepts applicable to every taxpayer. Initially, this tax concept was introduced for companies in section 115JB of Income Tax Act, 1961 and later AMT was introduced under section 115JC which is relevant for all taxpayers other than companies. Why MAT and

Saudi Arabia VAT Rate Hike: Impact and Transitional Provisions
IMPACT OF KSA VAT HIKE Saudi Arabia to increase VAT to 15% W.E.F 1 July, 2020 In response to the unprecedented impact on economy due to COVID-19 pandemic, the Ministry of Finance, Saudi Arabia has decided to increase the standard rate of VAT from 5% to 15% with effect from 1

COVID-19: T&H Special Service Package
T&H is committed to support and help SME clients across the globe to overcome the impact of COVID 19 on their business. We focus on identifying the real issue in their finance, books and policies and advise on a turnaround strategy. Worried about your business? Feeling lost among rising debt?
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UAE Ministry of Finance Introduces Comprehensive Amendments to Tax Regulations Effective January 2025
The UAE Ministry of Finance (MoF) has announced significant updates to its tax regulations framework, aimed at simplifying compliance and enhancing clarity for businesses. These changes, introduced through updated Ministerial Decision No. (301) of 2024 on Tax Groups and Ministerial Decision No. (302) of 2024 on Participation and Foreign Permanent

Ministry of Commerce identifies 7 types of tasattur activities
RIYADH, SAUDI ARABIA The Ministry of Commerce, Saudi Arabia advised business owners and commercial establishments to make use of the extended six month period to correct the violations of the Anti-Commercial Cover-up Law (Tasattur). The ministry identified seven types of tasattur and the penalty for the crime includes a maximum

Saudi Arabia Achieves Vision 2030 Milestone with 540 Regional Headquarters for Global Companies
In a significant achievement of Saudi Arabia’s Vision 2030 goals, Minister of Investment Khalid Al-Falih announced that the Kingdom now hosts 540 regional headquarters for international companies, surpassing its original 2030 target of 500. Speaking at the eighth Future Investment Initiative (FII8) at the King Abdulaziz International Conference Center in

Saudi Arabia’s Strategic Move to Boost Industrial Competitiveness and Attract Foreign Investment
The Saudi government has approved new regulations that exempt industrial inputs from customs duties. This move is set to significantly reduce production costs and elevate the global competitiveness of Saudi-made products. The exemptions cover various essential industrial inputs, including machinery, equipment, spare parts, primary raw materials, semi-manufactured materials, and packaging

Indian Budget 2019.
Central Budget 2019 targets Indian economy to touch $3 trillion mark in the year 2019-20 and being the third-largest economy. It covers all the major sectors of the economy. Taxpayers are benefitted through various tax deduction schemes and easier compliance policies. TAXATION The proposals made by the finance minister Simplifies

Saudi: Draft Investment Law Published
Investors can express their views and feedback on the latest draft investment law till 05 May, 2022. The Ministry of Investments Saudi Arabia (MISA) has climbed another historic milestone by publishing an investor friendly draft of the latest investment law. The Law aims to attract Direct Investments, enhance the investment