Archive for Kategorie 5

03/04/2023

Regional Headquarters and Public Procurement in the Kingdom of Saudi Arabia

The Council of Ministers of Saudi Arabia recently passed a resolution outlining the consequences for multinationals that do not establish their Regional Headquarters (RHQ) in ...

03/04/2023

The German Supply Chain Due Diligence Act: A Step Forward for Responsible Supply Chain Management

The German Supply Chain Due Diligence Act (SCDDA) is a recent law that sets out binding requirements for responsible supply chain management by companies with ...

14/03/2023

The German Supply Chain Due Diligence Act`s Effect on Suppliers

The German Supply Chain Due Diligence Act (SCDDA) has introduced new obligations for numerous companies to scrutinize their supply chain and suppliers for any human ...

28/09/2022

The Future of
Economic Substance
Regulations in the United Arab Emirates

As part of the OECD, and in response to an assessment of the United Arab Emirates’ (“UAE”) tax framework by the European Union Code of ...

05/01/2022

Free Zone Company Relocation in the United Arab Emirates

In February 2021, the Kingdom of Saudi Arabia (KSA) announced a new regional headquarter policy requiring foreign investors to set-up up their regional headquarter in ...

23/09/2021

Regional Headquarters, Country of Origin Rules and Beyond – What does the Intra-Gulf friction mean for your Emirati-Saudi business?

In February 2021, the Kingdom of Saudi Arabia (KSA) announced a new regional headquarter policy requiring foreign investors to set-up up their regional headquarter in ...

16/09/2021

The National In-Country Value (ICV) Programme – Rolling out ICV in the United Arab Emirates

The Abu Dhabi National Oil Company (ADNOC) launched its localisation programme (In-Country Value – ICV) in late 2017, which came into effect in 2018 (ICV ...

29/06/2021

UAE Trading Hub – Increasing Profitability through Transfer Pricing Adjustments

The United Arab Emirates (UAE) is commonly used as a trading hub for the MENA region. While the Covid-19 pandemic has made it necessary for ...

27/05/2021

Qatar Petroleum’s Tawteen initiative and its impact on Doing Business with Qatar Petroleum

Qatar Petroleum’s (QP) Tawteen initative includes a new localisation program (In-Country Value – ICV) which was announced in 2019. QP’s ICV program is the fourth ...

19/03/2021

Regional Headquarters in the Middle East – Changing the Landscape of Regional Management?

The United Arab Emirates (UAE) in general and the Emirate of Dubai in particular have been the preferred location for setting-up regional headquarters in the ...