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Updates in UAE and international tax legislation, February 2025

This month’s theme is the Domestic Minimum Top-Tax in the UAE, effective for financial years starting on or after 1 January 2025.

A charge for Internet advertising is not an April Fool’s Day joke

Pepeliaev Group advises that less than in a month, starting from 1 April 2025, the new version of the Law on Advertising will introduce mandatory charges for advertising on the Internet.

The validity period has been reduced for a report assessing the market value of assets for ‘hostile’ non-residents

Pepeliaev Group advises that the Russian Finance Ministry has specified the period for an appraisal report on the market value of an asset to be compiled and the validity period of the report.

Restrictions and measures of state support for business: the digest for 17 February – 2 March 2025

The functionality has been expanded of the register of compulsory requirements for business; amendments have been developed with a view to fighting cybercrime; it has been proposed that unlabelled products which have been confiscated be...

The UAE Tax Case Study. VAT Treatment of Demurrage and Despatch Charges in Logistics Services

The State Duma is preparing to adopt a law on protecting the Russian language

Pepeliaev Group advises that on 11 February 2025 the State Duma of the Federal Assembly of the Russian Federation adopted draft law No. 468229–8 “On amendments to the Federal Law ‘On the national language of the Russian Federation’ and...

The Russian Ministry of Digital Development, Communications and the Mass Media is proposing to amend the accreditation rules for IT companies

Pepeliaev Group advises about the planned amendments in the Regulations on the state accreditation of companies engaged in the field of IT.

Every silver lining has a cloud

Starting from 1 January 2025, a tax amnesty in the case of a split-up of a business has been launched in Russia. Taxpayers that have voluntarily refused to apply such schemes and that comply with a number of conditions will be able to ...

DTT between Russia and the UAE

Pepeliaev Group advises that the Double Tax Treaty with the UAE has been signed.

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