Dear Friends and Clients, The network of the international community of multinational corporations’ attempt, in particular, to destroy the (legitimate) tax savings models is becoming ever stronger. The UAE has also joined the BEPS project aimed at combating tax evasion, but only with the minimum standard of 5 out of 15 possible conditions. Action 6 …
Dear Friends and Clients, We expats in the Middle East have gotten a thick skin by now. Nothing can shake us so easily. The sabre rattling in the immediate neighbourhood leaves us as cool as some economic challenges. Most of us have made a living here and are not willing to give it up just like …
Dear Friends and Clients, We are happy to announce that we have created a new email domain that matches our corporate identity. From now on we ask to use instead of the old domain “SLG@strohallegalgroup.com“, to please use the new: SLGlaw.cc If you don’t know the lawyer or staff in charge please write to office@SLGlaw.cc. The …
Dear Friends and Clients, The UAE has put in plenty of new incentives to boost business. Ras al Khaimah now offers a new symbiosis of a Free Zone and offshore company, Dubai awards 3 years business visas when buying or only paying the down payment on apartments. If you have a travel ban due to …
Dear Friends and Clients, I was a little surprised to receive so many positive reactions to our December newsletter. Actually, this was my first introduction to a newsletter which did not refer to the content and news from the law and economy, but was more of a philosophical nature. Likewise, this time I will leave …
Dear Friends and Clients, 2018 is over, welcome 2019! It reminds me of the old saying: “The king is dead, long live the king!” Time is an illusion, as the Asian philosophy says. We all create our world with our mind, and time is part of this creation. With this view we not only follow …
Dear Friends and Clients, The UAE government has decided to go into the bond market for the first time and to launch public bonds. This may seem surprising at first, because the main source of oil and gas remains in their control. On the other hand, cheap money is also stimulating the economy, and that …
Dear Friends and Clients, Merkel resigns. The euro is weakening. Life in the UAE has become more expensive. We have to reach for the ceiling – and our host country is helping as much as possible. The visas and entry visas have been defused. The Free Zones and Financial Centers in Abu Dhabi and Dubai …
Dear Friends and Clients, This summer newsletter summarizes the essential information of the last 3 months. There is not much happening in Arabia in the summer heat – at least as far as business is concerned. So we did not want to bore you and therefore are publishing this newsletter for a 3-month- period. This …