UAE Announces Corporate Tax Exemption for Small Businesses
The Small Business Relief Law was issued in accordance with Article 21 of the Corporate Tax Law, which allows for a taxable person that is a resident person to elect to be treated as not having derived any taxable income.
The United Arab Emirates Introduces a New Corporate Tax System
On January 31, 2022, the UAE Ministry of Finance announced the introduction of a federal corporate tax system applicable to corporate profits generated during financial years beginning on or after June 1, 2023. The corporate tax system introduced is one of the most competitive regimes in the world, designed to encourage startups.
Moral Harm in the Middle East: Charting New Territory for Commercial Arbitration
Joseph Chedrawe and Karl Touma collaborated on writing an article about the Charting New Territory for Commercial Arbitration in the Middle East.
Mondaq’s International Comparative Guide: The Lebanese Jurisdiction
Mondaq’s Comparative Guides provide an overview of some of the key points of law and practice and allow everyone to compare regulatory environments and laws across multiple jurisdictions.
Predictive Analytics and Diversity in International Arbitration: Friends or Foes?
Dr. Tanielian Fadel wonders whether AI tools used in predictive analytics are truly diversity-friendly.
G20 Countries Seek Never-Before-Seen Global Tax Reform in Ambitious Initiative
Finance Ministers of the G20 countries have finalized a framework for the implementation of the most ambitious global tax reform since the beginning of the 20th Century.
DED Dubai – Foreign Direct Investment
Dubai DED issues list of activities for which 100% foreign direct investment is allowed and the requirement for a local agent of branches is removed.
Virtual Arbitration Hearings and Due Process: Two Sides of The Same Coin?
In our latest insight, Dr. Aline Tanielian Fadel explores the validity of virtual hearings under Lebanese Laws. Look into her analysis of the recent boom of virtual and paperless arbitration hearings, as published in the 67th Issue of Legal Agenda.
Economic Substance Regulation Update Client Alert
The UAE Ministry of Finance recently issued two new templates regarding the new notification and reporting obligations related to the Economic Substance Regulations.
Be Power In Financial Transactions Related To The Liquidity Decree
The Be Power Group, the leader in Italy in electric vehicle charging infrastructure, was assisted by the international study Eptalex – Garzia Gasperi & Partners in the structuring and granting of a financial transaction, under the measures provided by the Liquidity Decree.