Standing Strong with Dubai and the UAE: Operations Remain Active

In light of recent developments being reported across the region, we would like to briefly confirm that Dubai and the United Arab Emirates remain fully operational, with business activities continuing as normal. All UAE courts,…

UAE Corporate Tax Law Amendment: Tax Credit Offsets and Payments for Unutilized Credits

On 15 December 2025, the UAE issued a new Federal Decree-Law amending Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (“Corporate Tax Law”). The amendments further refine the UAE’s corporate…

RAK ICC Foundations: New Amendments Enhance Asset Protection and Succession Planning

Foundations have become an essential structuring tool in the United Arab Emirates (UAE), particularly for succession planning, asset protection, and international wealth management. The Ras Al Khaimah International Corporate Centre (RAK ICC) introduced its Foundations…

Special Purpose Vehicles (“SPVs”) in ADGM And DIFC: A Focus on the Recent Amendments to the “Nexus Requirement”

The incorporation of Special Purpose Vehicles (“SPVs”) has gained importance in the financial hub of the UAE, specifically within the Abu Dhabi Global Market (“ADGM”) and the Dubai International Financial Centre (“DIFC”). Recent regulatory changes…