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THIS MORNING: UAE launches strategic partnership talks with the EU + corporate tax credit refunds, explained
Plus: Will Gulf sovereigns continue backing Paramount Skydance’s hostile bid for Warner Bros Discovery?
More freezone activities are now exempt from corporate tax
The changes expand commodity trading to include industrial chemicals, environmental commodities, and associated by-products
Corporate tax relief for foreign holdings
A new cabinet decision extends corporate tax exemptions previously limited to UAE-based firms to foreign entities
Finance Ministry eases corporate tax requirements for investors
The decision aims to “attract more investments and promote the growth of the national economy”
Sharjah introduces 20% corporate tax for natural resource firms
Late payments incur 1% monthly penalties
New tax relief package exempts investment firms, smaller multinationals from top-up tax
A new substance-based income exclusion lowers taxable income based on payroll and tangible assets
THIS MORNING: Aramex taps HSBC for potential ADQ acquisition + Arcapita mulls REIT for its Middle East investments
Plus: New national platform to streamline license process for healthcare workers?
THIS MORNING: Amea Power eyes desalination, green hydrogen projects in Morocco + New corporate tax compliance exemptions take effect next year
Plus: Dubai Lagoon is under cancellation
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