The Saudi Regional Headquarters may enjoy the zero rate Income Tax in the Kingdom. No withholding on dividends, as well. May its parent company in the UAE mainland enjoy the Participation Exemption? The latter is applicable only if the Participation...
On 28 February 2024 the State Duma adopted in the third reading Draft Law No. 553750-8, which provides for a prohibition on advertising being placed on foreign agents’ resources, and on advertising of foreign agents’ resources being placed...
Advertising
will be banned on a foreign agent’s information resources; rules have been
adjusted for entering into special investment contracts (SPICs); conditions
will be updated for making investments under an IPPA.
To avoid issues with the tax authority, a supplier may charge its customer with VAT for a transaction that is exempt, zero-rated or is not subject to VAT. Can the customer recover such VAT? In the attach we address this issue for the UAE....
The
Government will form a sub-commission for the use of IP items; the procedure
has been simplified for Russian companies to be authorised to carry out
international road haulage; the procurement procedure for Russian products will
be ...
The business raises strict requirements for potential suppliers trying to bring to a minimum the risks of entering into a contract with a bad faith business partner. Yet, the customer of goods or services may turn out to be a bad faith...