The UK is Dropping Tax-Free Status – Will Shipowners Set Sail for the UAE?

From April 2025, the United Kingdom will eliminate its long-standing non-domiciled tax regime. The new rules will introduce a residence-based system, taxing global income and gains after a four-year transition period. For many international shipowners,…

Moving to Dubai: What Germans Should Know

For wealthy Germans considering emigrating to Dubai, there are many questions and important aspects that need to be clarified. In recent years, Dubai has become a preferred destination for affluent individuals and entrepreneurs who want…

Significant Changes for RAK ICC: 0% Corporate Tax Benefit For Offshore Companies

Following the enactment of the Emiri Decree No. (12) of 2024 Regarding the amendment of Emiri Decree No. (4) of 2016, the Ras Al Khaimah International Corporate Centre (“RAK ICC”) has introduced important changes that…