Implementation of economic substance requirements and its impact on UAE entities
In November 2018, the Organization for Economic Co-operation and Development (“OECD”) released new global standards to prevent substantial business activities from being relocated to “no or only nominal tax”...
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Bank Account Application: Make sure the odds are on your side
Understanding banks A bank is not a public service but a commercial business that needs to balance risk and gain, in order to be successful. A bank must not...
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State of the Art online platform to access all your company information
GCM is delighted to announce the launch of My Company, a secure client portal offering easy access to your company information and documents. If you currently maintain a company with...
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Mauritius amends 19 laws to reinforce its Anti-money laundering regime
In May 2020 the European Commission (EC) added Mauritius to its draft list of high-risk third countries with strategic deficiencies in their money laundering prevention regimes, along with nine...
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