UAE: New tax exemption rules issued for companies in free zones

UAE: New tax exemption rules issued for companies in free zones

Companies in free zones in the UAE must meet certain criteria to be eligible for zero percent corporate income tax and become a qualifying free zone person (QFZP).

Major GST relief for holding companies in corporate guarantees case

Major GST relief for holding companies in corporate guarantees case

The Punjab & Haryana high court has stayed a circular that brought corporate guarantees under the ambit of GST, providing relief to holding companies in India.