The Rise of Cryptocurrency Cryptocurrency, a form of digital or virtual currency secured by cryptography, has experienced exponential growth in recent years. Bitcoin, the first…
Kuwait’s proposed tax amendments, including the introduction of a 15% corporate tax rate starting January 1, 2025, are closely tied to global tax developments, even…
The UAE offers Free Zone businesses significant tax benefits, but not all income qualifies for the 0% corporate tax rate. To maximize tax savings, Free…
The UAE’s Free Zones offer attractive tax incentives, but businesses operating within them must navigate specific rules regarding Permanent Establishments (PEs), Transfer Pricing, and Free…
The UAE Ministry of Finance has introduced Cabinet Decision No. (127) of 2024, significantly expanding the Reverse Charge Mechanism (RCM) to include precious metals and…
Client Overview Our client, a well-established college with over 1,000 students, was facing significant challenges due to the absence of a proper internal audit mechanism.…