Dear Friends and Clients, This newsletter was ready to be sent out on 23 February. Then came the 24th. With that, all usually reported topics sank into obscurity. Decades of peace and safety in most European countries suddenly came to an end. Today there is a war in Europe and the world has changed. We […]
Newsletter February 2022 Read More »
The UAE approved several reforms of the country’s legal system which came after thorough coordination between hundreds of experts at both local and federal entities with consultations from over 100 members from the private sector. The draft of the new laws and legislative amendments came during the “Year of the 50th” which aims to strengthen
UAE adopts largest legislative reforms in its 50-year history Read More »
Strohal Legal invites you to a webinar on Tuesday, 24. August 2021, 2 pm GST – Dubai Time (CEST +2). “Expected amendments to the DTA Austria – UAE”What steps to be taken as employer, as employee, as entrepreneur, as shareholder, as property owner. Register via mail to lindle@advocates.cc and state your preferred language.Direct link: https://us02web.zoom.us/j/87626919829?pwd=Vy9FYitaSU1BdkI4dGNYY1NBelBGdz09
Expected amendments to the DTA Austria – UAE Webinar Read More »
Austrian residents will have to pay Austrian tax on UAE income 1. Background The Austrian Finance Minister Gernot Blümel and his UAE counterpart signed a protocol (the “Protocol“) amending several key provisions of the double taxation agreement between Austria and the UAE (the “DTA“). Mr. Blümel stated that “changes to the treaty will prevent income
Significant changes to the Double Taxation Agreement between Austria and UAE Read More »
Dear Friends and Clients, After delays and some waiting time, the first guideline has been published in Dubai on how to apply for the advantages of the new direct investment rules. Also the first companies have already been established in the UAE mainland with 100% foreign participation. Among them a hotel, kindergartens, primary schools, jewelry
SLG Newsletter: June – July 2021 Read More »
Dear Friends and Clients, Treaty shopping is a thorn in the side of many European tax authorities. However, as we have already explained in several webinars, a fortunately-set-up legal structure that spans several countries can lead to considerable tax savings. For example, the double taxation treaty between the UAE and Germany is widely inapplicable due
SLG Newsletter: May 2021 Read More »
All those who could not attend our last webinar on “Asset Protection” can now download the presentation or watch the short summary on YouTube. https://youtu.be/NyAwC0ezudM
Under the Economic Substance Regulations (“ESR“) most UAE businesses need to prove to the UAE authorities that they are doing business in the UAE (have an “economic substance”). The ESR were implemented to avoid harmful tax practices within the UAE. As the ESR have substantially changed in August 2020, all UAE businesses should now re-assess
The New Economic Substance Regulations Read More »
Do you have an FZ-LLC or an onshore LLC in the UAE? Or maybe even an “International Company” (offshore) that generates profits? You are still taxable in your home country with your international income? Or are you now only subject to limited taxation in your home country? All of this makes a significant difference in
Dividend Taxation in the Home State Read More »
Anyone living, working, investing and earning income in the United Arab Emirates (UAE) or in other countries far from home would probably be reluctant to pay in their home state – and thus pay double tax on their income. For this reason, many states have concluded double taxation agreements (DTAs) with each other over the
UAE Double Taxation Treaties About to be Amended Read More »
