7 Ways to raise funds for your company in the UAE
For aspiring entrepreneurs, those with viable business ideas, and those who seek to level up their small businesses, raising capital can sometimes be difficult and complicated. However, within the...
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UAE Economic Substance Regulations Updated
The economic substance requirements (“ESR”) were introduced by the United Arab Emirates (“UAE”) in April 2019. On the 10th of August 2020, the UAE introduced significant changes to the...
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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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Why The UAE is the best jurisdiction for substance requirements
What does substance mean? The term ‘tax substance’ or ‘economic substance’ refers to the requirement of an entity to have a physical economic presence in the jurisdiction it is...
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