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THIS MORNING: Unincorporated partnerships can now be subject to corporate tax + Banks start adopting new AED symbol
Plus: IRH taps EPointZero for decarbonization
Corporate tax relief for foreign holdings
A new cabinet decision extends corporate tax exemptions previously limited to UAE-based firms to foreign entities
Big day for Saudi-UAE cooperation as Abu Dhabi Crown Prince attends Gulf-US Summit
Plus: Luxembourg and UAE eye deeper finance and fintech cooperation
FinMin issues requirements for audited financial statements for corporate taxpayers
The 9% business tax was introduced by the Finance Ministry back in June 2023
THIS MORNING: Etihad Airways “ready” for an IPO but does not need the cash, CEO says + Adia eyes sale of 50% stake in IFCO
Plus: UAE, Saudi Arabia in talks with Korean arms contractor
THIS MORNING: Dubai Investments to IPO one subsidiary a year + MoF adopts OECD guidance for minimum top-up tax
Plus: Biometric IDs coming this year?
Finance Ministry eases corporate tax requirements for investors
The decision aims to “attract more investments and promote the growth of the national economy”
More direct flights to China + IHC eyes Lunate’s Ghaf Benefits scheme
PLUS: Ewec to power 22 Burjeel Holdings’ facilities with green energy
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