News
RAK FTZ CONTINUES GROWTH
RAK FTZ announced that 413 new companies registered in the third quarter of 2011, an increase of 38.6%. Read more
here.
FREEMONT BLOGGING AT LOW TAX
After many contributions to LowTax.net, Freemont Group has been invited to keep its own regular blog at Low Tax.
RAK NEW LICENCE REGISTRATIONS UP WITH 31%
Manufacturing still number one but clear shift detected towards trading. Read more
here.
FREEMONT ARTICLE IN IFC REVIEW
Please read the article on tax planning options for pilots and other airline personnel in IFC Review here.
DIFC BOOSTS WITH EU AND US FIRMS
Dubai International Financial Centre (DIFC) Authority reported 64 companies joined the free zone in the first half of the year. Read more here.
PANAMA PACIFICO: GATEWAY TO THE AMERICAS
Freemont Group recent publication at LowTax.
Read the whole article here.
LIMITEDS WITH LOGO
Order the English Limiteds Companies from the shelf with a fully designed logo. More...
TOURISM BOOST IN RAK
The RAK authorities continue promoting RAK Airways and increasing the 5 star hotel capacity. Read more here.
DUBAI METRO STATION OPENS AT JEBEL ALI FREE ZONE
Starting coming Friday, it will serve 130.000 workers, 40.000 residents and 7.000 businesses located in the famous free zone. Read more
here.
RAK FREE TRADE ZONE TO HOST WORLD FREE ZONE CONVENTION
One of the fastest-growing and most cost-effective free trade zones in the UAE will be hosting the World Free Zone Convention in November 2010. This is the first-of-its-kind free zone convention to be held in the Middle East. Read more
here.
RAS AL KHAIMAH TO BECOME REGION'S INDUSTRIAL CENTRE
Ras Al Khaimah Investment Authority has announced that it is planning to launch an elaborate concept of themed industry zones. Read more
here.
NEW TREATY BETWEEN CYPRUS AND CZECH REPUBLIC
A new treaty between Cyprus and the Czech Republic was recently agreed to replace the existing 1980 treaty with the then-Czechoslovakia, the existing treaty being recognized by both countries as still in force. The main changes to the existing treaty are the elimination of withholding tax on dividends (where holdings are 10% or more) and interest (previously 10%). Withholding tax on royalty payments will increase from 5% to 10%; however, as from 1 January 2011, royalties paid to Cypriot companies will be exempt from Czech withholding tax where the conditions of the EC Interest and Royalties Directive are satisfied. Read more
here.
GULF STRONGER THAN EVER
More than 45 per cent see the Gulf as emerging stronger from the current global economic crisis. These are the findings of the Doing Business In the Gulf Survey conducted by the Leaders in Dubai Business Forum team among more than 600 business leaders and top executives in the region, ahead of the forthcoming Leaders in Dubai Business Forum. Read more
here.
PANAMA: BRIGHT FUTURE
Panama has a slice of everything and something for everyone, says Richard McColl. He explains why the future looks bright for Panama. Read more
here.
DUBAI STRONGER THAN BEFORE
The economy has turned a corner and Dubai will emerge from this period stronger than before, Dr Omar Bin Sulaiman, governor of the Dubai International Financial Centre (DIFC), said in a meeting on Tuesday. Read more
here.
CYPRUS TAX REGIME REMAINS THE MOST ATTRACTIVE
In a recent KPMG poll, Cyprus was rated as the most attractive tax regime (with the net attractiveness score of 90%), followed by Ireland, Switzerland and Malta. Read more
here.
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