Tax - Al Tamimi & Company - MENA

🎄✨ It’s beginning to look a lot like… Christmas dinner with our incredible tax team! 🎅🍽️ Last night, we celebrated not just the end of the year but another year of milestones, challenges conquered, and many (tax) provisions analysed. Over delicious food at the Atlantis The Royal (Atlantis Resorts), laughter, and a few questionable Secret Santa gifts, we took a moment to appreciate the heart of what makes our team so special: our people! Of course, none of this would be possible without the continuous trust and support of our clients. Thank you for being an integral part of our journey this year and we look forward to our continued partnership! From our Tax Team at Al Tamimi & Company, we wish everyone a joyous holiday season and a prosperous New Year ahead! 🎉 #TeamSpirit #EndofYearDinner #TaxTeam #MENAtax

Huge congratulations to Shiraz Khan, our Partner and Head of Tax, on being awarded Professional of the Year – Tax at the LegalcommunityMENA Awards 2024! We are thrilled to celebrate this well-deserved recognition of his expertise and leadership in taxation in the MENA region 👏 #TaxExcellence #LegalcommunityAwards #MENAtax

Reflecting on #IFACapeTown2024 ! Thank you to Mansoor Parker, Cletus Danliar Banseh, both from ENS; Janet Gooi, Al Tamimi & Company, Taxand UAE and Lauren Ann Ross, Covington & Burling LLP, Taxand Global Member, USA, for sharing your key takeaways from The 76th Congress of the International Fiscal Association #taxand

"Should I stay or should I go?" In today's increasingly mobile and digitalised world, countries are adopting different strategies to welcome (or discourage) professionals and HNWIs. It was a pleasure participating in an insightful panel organised by Flick Gocke Schaumburg (FGS) at The 76th Congress of the International Fiscal Association in Cape Town, South Africa, where we discussed "Navigating Cross-Border Taxation for Private Clients: Exit Tax, Residency and Special Tax Regimes". I had the opportunity to share the UAE perspective alongside Goetz Kempelmann, Thomas Sendke, Susanne Mederer (all FGS), Xavier Xivillé (Cuatrecasas), Matthias Bizzarro (Bär & Karrer), and Jenny Klein (ENS), as we explored these issues across Germany, UAE, Spain, Switzerland and South Africa. With no personal income tax, the UAE is a standout destination for relocation (a compelling elevator pitch, as you might guess from my big "0" in the photos below 😉). Of course, there are always terms and conditions - given the newly introduced Federal corporate tax regime, potential corporate tax considerations have now become part of the equation for individuals as well. Across all jurisdictions, we found a common theme emerge - the tax landscape is continuously evolving so it is crucial to evaluate your tax position and pre-migration planning in both exiting and destination countries (with the help of your trusted tax advisors). A huge thank you to FGS, my fellow panellists and everyone who joined us for this enriching session! International Fiscal Association Young IFA Network (YIN Global) Women of IFA Network (WIN) Al Tamimi & Company Tax - Al Tamimi & Company - MENA #internationaltax #privateclient #uaetax #ifacapetown2024

We are delighted to share with you our recent publication with Taxand: Your global tax partner Global Transfer Pricing Guide. Our tax and transfer pricing (TP) experts Shiraz Khan and Ioannis Nanos presented the key features of the UAE TP regime, including TP documentation requirements, local benchmarking approach and key deadlines/ thresholds for UAE taxpayers, amongst others. Feel free to download our UAE TP Guide. Click here to access the rest of the Taxand Global TP Guide: https://lnkd.in/gqNeZ2B5 #taxandglobal #transferpricing #internationaltax #uaetransferpricing

The The 76th Congress of the International Fiscal Association, held from October 27 to 31 in Cape Town, will bring together global tax experts to discuss key topics in international taxation. We are excited to announce that our Senior Counsel, Tax – Janet Gooi, will be representing us at this prestigious event in Cape Town. Janet will also be speaking at the Flick Gocke Schaumburg symposium: "Navigating Cross-Border Taxation for Private Clients: Exit Tax, Residency, and Special Tax Regimes." 📅 Date: Monday, October 28 ⏰ Time: 15:30 – 16:30 📍 Location: Roof Terrace Room (2nd floor), CTICC Seats are limited—register here: https://lnkd.in/eq3mcBzZ With offices in 10 countries across key economies, we offer unparalleled legal expertise in the MENA region. Our strong presence in these markets allows us to help clients navigate the complex tax and legal landscape with ease. If you're attending IFA in Cape Town, don’t hesitate to connect with Janet throughout the week! International Fiscal Association Young IFA Network (YIN Global) Women of IFA Network (WIN)

The UAE has recently issued a cabinet decision limiting the applicablity of the economic substance regulations (ESR) to financial years starting on or after 1 January 2019 to financial years ending on 31 December 2022. This cabinet decision, which is much welcomed, removes the ESR compliance obligations for UAE companies for financial years ending after 31 December 2022 and waives off any administrative penalties imposed for financial years ending after 31 December 2022. #UAE #ESR #tamimi #tax

#tax #uae #altamimi

It is an honour to have been awarded UAE Tax Firm of the Year by International Tax Review at the EMEA awards 2024. This is the third consecutive year we have won this award and adds to the growing list of accolades from ITR over the years which include winning Middle East Tax Firm of the Year from 2020 to 2022. As we approach the final quarter of 2024, it is important to reflect on our achievements thus far which include the following: - Spotlight ranking for Tax in Chambers Global for 2024 making it five consecutive years we have achieved this top ranking; - awarded Tax Team of the Year at the LexisNexis Middle East Legal Awards 2024; - Tier 1 ranking for tax controversy in ITR World Tax 2024, being the only firm in the Middle East to do so for the past few years; - awarded Impact deal of the year for tax in 2022 by International Tax Review; - Janet (Senior Counsel) won tax lawyer of the year at LexisNexis Middle East Women in Law awards 2024 and was recognised as a rising star by ITR World Tax 2024; - I have been ranked in the spotlight table by Chambers Global for the tax in the UAE and am the only lawyer to be ranked for tax for Saudi Arabia for the past 5 years. I have also achieved a highly regarded ranking from ITR World Tax for the past few years. These awards are a testament to the dedication and quality of the entire team. We thank our clients for their support and for placing their trust in us. As the tax landscape continues to evolve across the region, we will be introducing several new initiatives for our clients with a view to sharing our thought leadership on complex issues and keeping clients up to date. The announcements will be made on our Tax Linkedin page. Please follow Tax - Al Tamimi & Company - MENA #tax #middleeasttax #gcctax #taxlawyer #taxlaw #uaetax #sauditax #ksatax #taxreform

We are delighted to have been awarded UAE Tax Firm of the Year by International Tax Review at the EMEA Tax Awards 2024. This is the third consecutive year we have won this award. We thank our clients for placing their trust in us.