The United Kingdom in Relation to EU Disclosure Provisions The United Kingdom is taking advantage of its decision to break from the European Union and has made it clear that it [...]
Loop Structure Ban Ceased in South Africa Loop Structures allow for residents to form offshore structures which can then be used for a variety of purposes including investment, share acquisition, loans [...]
UK Hopes to Continue in the Lugano Convention The Lugano Convention is an international agreement between the EU and EFTA states that covers cross border legal disputes by determining which courts [...]
Exemption from Shari’a Law For Foreign Residents The United Arab Emirates is a Muslim country and is therefore subject to Shari’a Law, whereby heirs and descendants have the right to claim [...]
Foreign Ownership in UAE The United Arab Emirates has complex rules when it comes to ownership. Fortunately it also has a lot of options. Previously under a law passed in 2015 [...]
Double Taxation Agreements (DTA) are a means of reducing the tax burden on cross-investments which otherwise might be susceptible to being taxed twice on the same transaction and therefore possibly decreasing the appetite for cross [...]
The treaty which was signed on the 15 September 2020 was formally ratified by the Israeli cabinet on the 12 October 2020 and the UAE parliament on the 15 October 2020 and is intended to [...]
Saudi Arabia has recently made announcements concerning both resident and non-resident foreigners which will enable them to be able to invest in both listed and non-listed debt instruments. It is hoped that this will open [...]
The Government in Hong Kong has released a consultation with regards to introducing tax concessions for carried interest distributed by private equity funds. If approved the relief will come into effect retrospectively from 1 April 2020. [...]
On the 13th August 2020 Dubai issued its ‘Regulating Family Ownership Law No.9 of 2020’. This allows family members to customise and enter into a legally binding contract to enable joint ownership and administration of a wide [...]
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