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Navigating ESG Trends in Banking: SLLPs, ESG Assessment, and Managing ESG Risk

Navigating ESG Trends in Banking: SLLPs, ESG Assessment, and Managing ESG Risk

Prashanth Joseph, ESG Domain Consultant - Impact Grows

How Sustainable Loans and ESG Assessments are Shaping the Banking Industry’s Approach to Environmental, Social, and Governance Risks. Introduction As the world’s economy continues to face increasing environmental, social and governance (ESG) risks, the banking sector...
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JAFZA ‘Open For Business’: Empowering Dubai’s Economic Growth

JAFZA ‘Open For Business’: Empowering Dubai’s Economic Growth

Abdulla Al Hashmi, Chief Operating Officer, Parks and Zones, DP World UAE

Dubai’s thriving economy owes its success to a long-term commitment to diversification, constant innovation, and an enabling business environment. The emirate’s strategic investments in sectors such as trade and logistics, among others, have made it a global hub for...
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UAE Corporate Tax Pertinent Questions – All You Need To Know

UAE Corporate Tax Pertinent Questions – All You Need To Know

Ravishanker V, Senior Manager, Audit & Taxation - Kreston Menon

Background According to the UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (UAE CT Law), businesses will become subject to Corporate Tax UAE (CT) from the beginning of their first financial year which starts on or after 1 June...
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UAE’s free zone businesses await 0% ‘qualifying income’

UAE’s free zone businesses await 0% ‘qualifying income’

Gulf News

Businesses, their owners, and auditors in the UAE are awaiting the next big update on the corporate tax – the one related to ‘qualifying income’ for free zone entities and on which they get the 0 per cent tax benefit. A decision on this is ‘imminent’, according to...
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After CEPA, dirham-rupee trade set to be next big thing

After CEPA, dirham-rupee trade set to be next big thing

Gulf News

UAE AND INDIA MARK THE FIRST YEAR UNDER THE LANDMARK AGREEMENT A year after the UAE-India Cepa deal came into effect, the stage is set for the next big bang in trade and investment flows between the countries – a dirham-rupee payment mechanism. When that happens,...
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UAE’s Free Zone Companies Have Lots of Tax Planning to Do

UAE’s Free Zone Companies Have Lots of Tax Planning to Do

Gulf News

Those with Mainland Operations Await Signal on Extent of their ‘QUALIFYING INCOME’ Businesses operating out of UAE free zones and with a considerable presence on the mainland are thinking of possible restructures to the organization to absorb the upcoming...
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Think big, do big, execute big

Think big, do big, execute big

Gulf News

Raju Menon, founder, chairman, and managing partner of Kreston Menon talks to Pranitha Menon about dreaming big, his management principles, and his autobiography The View from My Perch Rajagopalan Menon, better known as Raju Menon, was 29 years old when he boarded his...
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Upskilling the Workforce – The Need of the Hour

Upskilling the Workforce – The Need of the Hour

Swati Arora, Partner at Kreston Menon and Hayford Integral Training Institute

TRENDS FOR TOMORROW  The Abu Dhabi Sustainability Week Future Skills 2030 Report identified the driving sources that will shape the future of jobs and skills in the world. The technological advancement is bound to open new horizons in the fields of automation,...
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Extensive Reforms in the UAE Commercial Legislations and Regulatory System

Extensive Reforms in the UAE Commercial Legislations and Regulatory System

Pushpakaran Parambath, Senior Partner - Kreston Menon Corporate Services

During these immediate past two years UAE witnessed a wide range of reforms, modifications, amendments in the country’s legal and regulatory framework aiming to bolster economic, investment and commercial prospects. The reforms intend to keep the momentum of the...
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Federal Corporate Tax – A New Business Reality in UAE

Federal Corporate Tax – A New Business Reality in UAE

Surandar Jesrani, CEO & Managing Partner - MMJS Consulting

Following an announcement on 31 January 2022, the UAE Government released Federal Decree Law No. 47 of 2022 on Taxation of Corporations and Businesses (UAE CT Law) on 9 December 2022. This follows a first of its kind public consultation drive which began on 28 April...
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