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Black Lists – Countries, Legal Entities and Individuals

Black Lists – Countries, Legal Entities and Individuals

 

By José María García-Aranda Alvarez

For WALTON CONSULTANTS DMCC,

Member of China Group

 

TAX EXPOSURE FROM USING FOREIGN CONDUIT COMPANIES IN THE RUSSIAN FEDERATION

Having worked within the industry for many years, Advocate’s cabinet of Mr. Andrey Konkov together with team of LLC DSL-Service, Russia, would like to introduce our first of forthcoming number of articles focusing on tax planning and doing business in Russia.
 
Tax exposure from using foreign conduit companies in the Russian Federation
The following article is concerned with increasing tax exposure from using foreign conduit (transit) companies at tax planning in the Russian Federation.

IN JEBEL ALI FREE ZONE (JAFZA), V-ASSIST LAUNCHES ITS VISA ASSISTANCE SERVICES

A renowned visa help service supplier V-Assist has launched its services for people and corporates primarily based in Jebel Ali Free Zone “JAFZA”.

Aimed at creating travel simple, the complete offers a one-stop resolution to any or all visa help and travel desires of people further as corporates. It provides a bouquet of services starting from visa help for all countries (which includes visa form filling, appointment programming, etc.) to varied travel connected services like building booking, Ticketing, Travel Insurance, etc.

BVI (BRITISH VIRGIN ISLANDS) - REQUIRED REGISTER OF ADMINISTRATORS

The BVI Business Corporations, Act 2015 can introduce an obligatory duty to file a register of administrators with the businesses written record.
It additionally creates AN possibility of filing the company's register of members. British Island Premier Orlando Smith has declared some legislative amendments to boost the BVI authorities access to company useful possession info.
 

VAT Introduction in UAE

UAE government is finalizing procedures to implement sales tax or VAT. According to Al Ittihad newspaper, only luxury goods segment will be affected, such as Alcohol and Tobacco products, the daily goods will be exempt from tax. The first draft law is scheduled to be implemented in the third quarter of this year.

Special Promotion for Ramadan

DMCC Ramadan Promotion 

Business set up Ramadan Promotion

Our company with pleasure help you to establish your business with DMCC Authority.

During the Holy Month of Ramadan DMCC Authority has a good promotion. The all-inclusive package - first year company registration and license - for 32,000 AED only. Also the free zone offers Free Flexi Desk.

For further details please contact us 

 

Hamriyah Ramadan Offer 

Ramadan 2015 in the UAE

The UAE officially announced the date of the start of Ramadan. It starts from 18 June 2015 and will end for a month. Ramadan is a holy month for the Muslim world. Opening hours will be reduced for 2 hours during this period. Our office will operate from 8 am to 4 pm.

Walton Consultants DMCC Google

 

 

P.O.Box requirement

The new requirement for all companies registered with RAKIA was announced. All companies are requested to open their own post office box under their trade name. The deadline for opening is the second of July or the time of license renewal if it is earlier.

In this case the most important thing that all postal mails will not be received on the post office box number 31291 by RAKIA anymore. The authority warned companies that all postal emails will be destroyed if the companies do not collect it within one month from the second of June.

New Free Zone in Dubai

The list of free zones in Dubai has been increased by one. The Law has been signed yesterday it regulates the basic rules of establishment and general activities of the new free zone - Dubai World Trade Center (DWTCA).

The main purpose of the free zones is keeping to improve the economic position of the city of Dubai as a global shopping center and center for regional and international exhibitions and conferences. The main aim also is to attract regional and foreign investment in Dubai.

UAE tightened rules for retail

UAE tightened rules for retail

UAE government on behalf of the Ministry of Economy UAE has increased control over pricing in retail. These measures relate to the rising cost of living in the UAE, the authorities want to control the level of prices in the market.