August Monthly Newsletter
Creation Business Consultants
UAE, Dubai & KSA company setup experts in structuring businesses while providing quick & efficient incorporation options
HIGHLIGHTS
LATEST UPDATES & SPECIAL FEATURES
NEW FTA PUBLIC CLARIFICATION ON THE FIRST TAX PERIOD FOR JURIDICAL PERSONS
The Federal Tax Authority (FTA) has released a new Public Clarification that provides detailed guidance on determining the taxable income for juridical persons, in line with the implementation of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations & Businesses. This clarification is crucial for businesses to understand the specifics of the first tax period under the new regulations, ensuring they remain compliant & avoid potential penalties.
At Creation, we make it our priority to stay informed on the latest developments in tax regulations, allowing us to offer timely & tailored tax advisory services to our clients. If you need assistance understanding these changes, feel free to reach out to us by clicking below. Our team is here to help you ensure that you are compliant & to optimize your tax strategies.
ANNUAL COMPLIANCE PACKAGE
Your UAE company could face fines exceeding?AED 200K?for?non-compliance. Do not let regulatory demands overwhelm you. Our?Annual Compliance
Package?is designed to ease the burden & ensure the smooth operation of your UAE business, allowing you to focus on business growth.?Important notes include:
Do not let compliance tasks weigh you down!? Book your free business health check today ?& discover how our Annual Compliance Package can simplify the process.?
BUSINESS ARTICLES?
HOSPITALITY ENTREPRENEURSHIP: KEY CONSIDERATIONS FOR STARTING A HOTEL OR RESTAURANT IN THE UAE
Discover the insider secrets to success in the hospitality market of the UAE! This article covers all the essentials, including:
Ready to turn your dreams into reality? Connect with our expert business setup consultants today to explore the endless opportunities in the UAE hospitality industry.
INFRASTRUCTURE DEVELOPMENT FORMING A CIVIL ENGINEERING FIRM IN JEDDAH
Jeddah's commercial sector is booming with projects like Jeddah Tower, Jeddah Economic City, King Abdulaziz International Airport expansion, & Jeddah Metro. This growth presents opportunities for civil engineers to engage in large-scale projects & innovate with cutting-edge technologies.
Our guide covers everything you need to start a civil engineering firm in Jeddah, from choosing the right legal structure (branch, LLC, or JSC) to obtaining a MISA professional services license & necessary approvals.
OPPORTUNITIES & CHALLENGES OF SETTING UP A RENEWABLE ENERGY COMPANY IN THE UAE
#Didyouknow ?the UAE aims to lead in renewable energy, targeting 50% clean energy by 2050? Projects such as Mohammed bin Rashid Al Maktoum Solar Park highlight support the countries commitment.
Ready to start your renewable energy company in the UAE? Read our guide that covers:
WHAT DOCUMENTATION & PROCEDURES ARE REQUIRED TO INITIATE A WITHHOLDING TAX CLAIM
Understanding withholding tax in Saudi Arabia: A crucial element in tax compliance.
This article covers the significance of withholding tax in Saudi Arabia's tax system. It requires payers to deduct a percentage of tax before making payments, ensuring steady revenue & promoting tax compliance. Key aspects include tax treaties, payment types subject to withholding tax, & its role in preventing double taxation.
LAW LIBRARY FOR BUSINESS LAWS & CORPORATE REGULATIONS
We take pride in offering a complete resource for business laws & corporate regulations. Whether you need guidance on commercial transactions, financial compliance management, or intellectual property protection etc., our extensive & up-to-date legal library has you covered.?
Our resources ensure you stay informed about the latest regulations, helping your business remain compliant & ahead of legal requirements. Explore our law library to access all the essential information you need. Click the link below to get started.
领英推荐
TEAM CREATION UPDATE: COMPLETITION OF INTERNATIONAL COMPLIANCE ASSOCIATION (ICA) TRAINING
Excited to Announce Our Team's Latest Achievement!
We are proud to share that the?team has successfully completed the International Compliance Association ?(ICA) Training!
This program has enriched understanding of regulation, its objectives, & the importance of a risk-based approach. In this course, team explored key historical milestones, the impact of globalization & technology, & the evolving role of compliance professionals in managing regulatory risk.
The course also covered crucial areas like financial crime compliance, data protection, & the essential skills needed to excel in a compliance role. With this internationally recognized certification, we are now even better prepared to meet the regulatory demands & deliver enhanced value to our clients across the UAE & beyond.
UAE EVENTS
21 June - 18 Aug?
HALL 2 - 7, PAVILION
Modesh World 2024
Modesh World (MW), established in 2000, is a prominent indoor entertainment & amusement facility in the region. It operates annually during summer, drawing approximately 200,000 visitors over 2 months. MW offers a diverse range of family-oriented activities, primarily appealing to families with children.?
22 June - 8 Sep
ZABEEL HALL 2-6
Dubai Sports World
For over 20 years, Critical Communications World (CCW) brings together users & suppliers for inspiration & networking. Explore latest tech & discussions on critical communications, with new meeting tools for scheduling partner meetings. Also discover the latest advancements & forge valuable partnerships.
SAUDI EVENTS
8 August, 2024
FAIRMONT HOTEL, RIYADH
Inspired Xchange Dinner Riyadh 2024?
These dinners aim to create a platform for dynamic dialogue & knowledge exchange, combining informed discussions with a high-calibre dining experience. Engage with top executives from the Middle East & beyond, who are industry leaders driving growth & technological advancements. Attendees can expect to forge strategic partnerships, enhance business networks, & find solutions to pressing challenges faced by today's tech enterprises.
15 August - 16 August
MILLENNIUM AL AQEEQ HOTEL, MEDINA, SAUDI
International Conference on Mining, Material, & Metallurgical, Engineering 2024
ICMMME 2020 serves as a premier forum for showcasing the latest advances & research in Mining, Material, and Metallurgical Engineering. This conference will unite top researchers, engineers, & scientists from around the globe, fostering collaboration & knowledge exchange. Attendees will gain insights into cutting-edge developments & industry trends.?
HONG KONG EVENTS
4 August - 7 August
THE HONG KONG POLYTECHNIC UNIVERSITY,?
WACBE World Congress on Bioengineering 2024
The congress will bring together leading scientists, researchers, & industry experts from around the world to discuss cutting-edge developments in bioengineering. Participants can expect to engage in insightful discussions, explore innovative solutions, & foster collaborations to address key challenges in the field. The event will showcase the latest research, technological advancements, & practical applications in bioengineering.
8 August
THE MIRA HONG KONG
Land Transportation-Aviation-Maritime Technology Symposium 2024
This event is for exploring advancements in transportation technologies across land, air, & sea. The symposium will bring together experts, researchers, & industry leaders to discuss the latest innovations & trends in transportation systems. Attendees will gain insights into emerging technologies, regulatory developments, & best practices in each sector & foster collaborations.