Tuesday, 05 March 2019 19:30

KSA publishes long awaited DTT with UAE

by Thomas Vanhee, Roberto Scalia, Laurent Bertin and Mahadi Osman

 

The Double Tax Treaty (“DTT”) between the UAE and the KSA provides a significant tax incentive for businesses operating in the two contracting states. A positive impact on investment and trade between the two contracting States is expected in the aftermath of its entry into force. 

Published in Opinion Pieces

Saudi Gulf Intertrade (SGI) explains the do’s and don’ts of working in the KSA during Ramadan

 

SGI, the leading Joint Venture and business set up service provider for Saudi Arabia, advises professionals working in Saudi Arabia to prepare for a slight shift in business practices and a potential slowdown in working processes. However, SGI has reported that certain sectors thrive during Ramadan, such as Retail and F&B who have enjoyed up to 25% increase in sales over the holy month. Due to the KSA’s ambitious goals to diversify the market, business practices are likely not to be a sleepy during Ramadan as they have been in the past.

Published in Opinion Pieces