Corporate Tax

Importance of AML & KYC in the UAE

Importance of AML and KYC in the UAE

Anti-money laundering (AML) refers to laws, regulations, and processes designed to prevent, detect, and report money laundering activities. The primary goal of such laws is to prevent financial crimes such as terrorism financing, corruption, and so on. Therefore, financial institutions and designated businesses are required to monitor transactions and report…
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FATCA/CRS Compliance in the UAE

FATCA and CRS Compliance in the UAE

As a global business hub, the UAE always promotes ethical and transparent business practices. One of the aspects in this regard is taxation. When there is an interaction of global business players, there is a need for international cooperation to combat tax evasion. The UAE follows two main standards in…
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Tax Incentives for R&D in the UAE

Tax Incentives for R&D in the UAE

The growth of any society depends on the quality of research and development that leads to innovation. In the UAE, the government aims to provide benefits and reliefs to firms, leading to high-tech advancements. One such relief is in the form of tax incentives. Taxation responsibilities have a significant impact…
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