Ultimate Beneficial Owner (UBO) Verification: The Complete Guide
Did you know that, according to the United Nations Office on Drugs and Crime, between 2–5% of global GDP, roughly $800 billion to $2 trillion, is laundered every year? One of the biggest reasons this continues to happen is the misuse of anonymous corporate structures....
Sudhir Kumar Re-elected as Board Director for Kreston Global
London – Kreston Global is happy to announce the re-election of Sudhir Kumar, Senior Partner and Head of Corporate Communications at Kreston Menon, as Board Director for Kreston Global, representing the newly formed Middle East and Africa (MEA) region. His leadership...
A gateway to global markets: Ennogen Healthcare on why the UAE is key to their expansion
The United Arab Emirates (UAE) has emerged as a premier destination for global entrepreneurs. The UAE’s transformation into a hub for global business can be attributed to several key factors, including strategic location, government support, and a pro-business...
Navigating Your First UAE Corporate Tax Return: A Few Critical Considerations
With the introduction of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the UAE Corporate Tax Law), the UAE’s new Corporate Tax (CT) regime is now in effect. Many businesses will be filing their first CT returns for the financial...
Strengthening the UK-UAE Business Corridor: A Vision for the Future
Over the past few decades, the UAE and the UK have built a robust partnership, and we are now eagerly anticipating the future. At James Cowper Kreston, we are proud to be part of the thriving business relationship between the UK and the UAE. Our firm has been...
UAE Announces Tax Update 2025: Key Changes Businesses Must Know
The United Arab Emirates (UAE) has introduced a series of corporate tax rule changes set to take effect in 2025. These updates are part of the nation’s efforts to align with global tax standards while maintaining an attractive business environment. The changes are...
The UK-UAE Partnership: Building a Financial Service Future Together
The United Kingdom has long promised to be the best country in the world to do business, and I am proud to say we are delivering on that. Recent months have seen our economy receive two significant votes of confidence: a landmark Free Trade Agreement with India—the...
How to Claim a VAT Refund in the UAE: Step-by-Step Guide 2025
Have you come across terms like “Tax Free Dubai” and “VAT Refund Dubai” while visiting or working in the UAE and wondered what it means? Here we explains VAT and the VAT Refund process in the UAE, whether you are a tourist, a business or a resident. What is VAT in...