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Global Minimum Tax (GMT) and UAE Corporate Tax: Navigating Pillar Two

Global Minimum Tax (GMT) and UAE Corporate Tax: Navigating Pillar Two

Ravishanker V, Director - Taxation, Kreston Menon

Global Minimum Tax (GMT) or Global Anti-Base Erosion Model (Pillar Two) Background The Organisation for Economic Cooperation and Development (OECD) has explained Base Erosion and Profit Shifting (BEPS) as ‘tax planning strategies used by multinational enterprises that...
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Peru – A rising regional power in the Latin American region

Peru – A rising regional power in the Latin American region

H.E. Marco Antonio Santivañez, Consul General of Peru in Dubai

When talking about the Latin American region, images appear in the minds of many people of territories rich in natural resources, with emerging, homogeneous nations, with Spanish as the dominant language and with a rich football tradition. The reality is that today...
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Introducing Expo City Dubai & KEZAD Metal Park

Introducing Expo City Dubai & KEZAD Metal Park

Pushpakaran Parambath, Senior Partner - Kreston Menon Corporate Services

Expo City Dubai [Expo City Free Zone] Expo City Dubai is the latest addition to the array of Free Trade Zones in Dubai. The City was granted its free zone status in June 2022 through an official decree and resolutions. The Free Zone is an integral part of Dubai 2040...
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UAE Corporate Tax: Accounting Profits and Taxable Income

UAE Corporate Tax: Accounting Profits and Taxable Income

Ravishanker V, Director - Taxation, Kreston Menon

While the fundamental aim of measuring profit aligns across commercial accounting practices and tax regulations, different countries apply distinct tax and accounting rules. Some nations closely link accounting income with taxable income, while others have...
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Imperatives Of New Age Corporate Business Planning

Imperatives Of New Age Corporate Business Planning

Pradeep Balakrishnan, Senior Manager - Consulting

WHY PLAN? A boxing legend famously said, “Everyone has a plan until they get punched in the mouth.” Covid-19 taught us that best drawn up corporate business plans do not protect businesses against all eventualities or guarantee business success. In fact, during the...
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Single Family Office Effective Solution for Managing Affluent Family Wealth

Single Family Office Effective Solution for Managing Affluent Family Wealth

Pushpakaran Parambath, Senior Partner - Kreston Menon Corporate Services

Wealthy families are seeking advanced, more systematic, and secure ways to manage their wealth and investments. Family Office concept has emerged as a preferred solution providing structured financial services to affluent families, managing their assets, and...
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