Author: Kajol Kanojia
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Small Business Relief (SBR) in UAE Corporate Tax
For small businesses and start-ups in the UAE, managing Corporate Tax can add to the challenges of running a business. Small Business Relief (SBR) offers eligible businesses a way to reduce their tax and compliance burden. Introduced under Article 21 of the UAE Corporate Tax Law and detailed in Ministerial Decision No. 73 of 2023,…
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How to Set Up an SPV in DIFC: Costs, Benefits & Requirements
If you are looking for a simple way to hold assets, separate liabilities, or structure investments in the UAE, setting up a Special Purpose Vehicle (SPV) in the Dubai International Financial Centre (DIFC) can be worth considering. A DIFC SPV is generally created as a separate legal entity for a specific purpose rather than for running day-to-day business operations.…