News and publications

Dear Friends and Clients, The (office) party is over. It marked our 14th year in this country and we welcomed over 40 guests who enjoyed themselves along with the relaxing atmosphere in the garden of our office villa. The outstanding and forward-looking speeches by the Austrian Commercial Counsellor, Mr. Bandera, and the financial expert, Gordian

Do you have an FZ-LLC or an onshore LLC in the UAE? Or maybe even an “International Company” (offshore) that generates profits? You are still taxable in your home country with your international income? Or are you now only subject to limited taxation in your home country? All of this makes a significant difference in

Dear Friends and Clients, The UAE has put in plenty of new incentives to boost business. Ras al Khaimah now offers a new symbiosis of a Free Zone and offshore company, Dubai awards 3 years business visas when buying or only paying the down payment on apartments. If you have a travel ban due to

Dear Friends and Clients, I was a little surprised to receive so many positive reactions to our December newsletter. Actually, this was my first introduction to a newsletter which did not refer to the content and news from the law and economy, but was more of a philosophical nature. Likewise, this time I will leave

Dear Friends and Clients, 2018 is over, welcome 2019! It reminds me of the old saying: “The king is dead, long live the king!” Time is an illusion, as the Asian philosophy says. We all create our world with our mind, and time is part of this creation. With this view we not only follow

Dear Friends and Clients, The UAE government has decided to go into the bond market for the first time and to launch public bonds. This may seem surprising at first, because the main source of oil and gas remains in their control. On the other hand, cheap money is also stimulating the economy, and that

As always in the UAE, changes are made quickly, as is the case with the carrying of drugs for tourists and expats. As reported earlier this month, all tourists and expatriates entering the UAE should now have permission to carry prescription drugs such as psychotropic drugs – antidepressants or neuroleptics. We have summarized the most

Every foreigner who wants to work in the UAE knows the procedure: To obtain a work permit, a residence visa is required, which in turn requires, among other things, a health test and the handing in of fingerprints. This year, visa changes for tourists and pensioners will be added as well as certain requirements for

Dear Friends and Clients, Merkel resigns. The euro is weakening. Life in the UAE has become more expensive. We have to reach for the ceiling – and our host country is helping as much as possible. The visas and entry visas have been defused. The Free Zones and Financial Centers in Abu Dhabi and Dubai

Anyone living, working, investing and earning income in the United Arab Emirates (UAE) or in other countries far from home would probably be reluctant to pay in their home state – and thus pay double tax on their income. For this reason, many states have concluded double taxation agreements (DTAs) with each other over the