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THE NEW ECONOMIC SUBSTANCE REGULATIONS

Under the Economic Substance Regulations (“ESR“) most UAE businesses need to prove to the UAE authorities that they are doing business in the UAE (have an “economic substance”). The ESR were implemented to avoid harmful tax practices within the UAE. As the ESR have substantially changed in August 2020, all UAE businesses should now re-assess their legal obligations. The …

THE NEW ECONOMIC SUBSTANCE REGULATIONS Weiterlesen »

UPDATE: UAE CABINET RESOLUTION REQUIRES TO MAINTAIN “OWNERSHIP” REGISTER

The UAE have made another step in their intense efforts to implement, and comply with, international transparency standards. Cabinet Resolution No. 58 of 2020 on the Regulation of the Procedures of the Real Beneficiary (“Resolution“) entered into effect on 28 August 2020. The Resolution regulates the disclosure and registration requirements regarding all stakeholders in UAE …

UPDATE: UAE CABINET RESOLUTION REQUIRES TO MAINTAIN “OWNERSHIP” REGISTER Weiterlesen »

WEBINAR BY DR. THEODOR STROHAL: INSOLVENCY AND BANKRUPTCY IN SOUTH EAST ASIA AND AUSTRIA

DATE: THURSDAY, 29TH OCTOBER 2020 TIME: 6.00 PM (SINGAPORE TIME) Considering the current situation, many companies will no longer be able to meet their liabilities on time and/or in full. The webinar is intended to show ways that are open to companies and individuals in the event of such a crisis and also how to …

WEBINAR BY DR. THEODOR STROHAL: INSOLVENCY AND BANKRUPTCY IN SOUTH EAST ASIA AND AUSTRIA Weiterlesen »

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