Grant Thornton UAE
55+
Years in the UAE
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UAE Offices

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Major Overhaul of the UAE VAT Executive Regulations
TAX Major Overhaul of the UAE VAT Executive Regulations
The UAE has introduced significant amendments to the VAT Executive Regulations, effective from 15 November 2024. These changes will have a profound impact on businesses across the UAE. Key updates include the inclusion of digital assets, relief for proof of export, extension of input VAT recoverability for medical insurance for dependents, and changes in zero-rating provisions for services. Curious about how these changes might affect your business? Grant Thornton UAE has prepared a comprehensive summary of all these changes. Don’t miss out on this essential guide to understanding the key changes in the new regulations.
Less than a minute |
Tax Newsletter - September 2024
TAX Tax Newsletter - September 2024
In our September 2024 edition of GT’s regional monthly Tax Newsletter, we provide the latest Tax news updates affecting International Tax, Corporate Tax, Transfer Pricing, and Indirect Taxes in the UAE and across the Middle East region.
1 min read |
Tax Alert - UAE Tax Residency Rules
TAX Tax Alert - UAE Tax Residency Rules
Tax Alert - UAE Tax Residency Rules
Less than a minute |
Tax Newsletter - August 2024
TAX Tax Newsletter - August 2024
In our August 2024 edition of GT’s regional monthly Tax Newsletter, we provide the latest Tax news updates affecting International Tax, Corporate Tax, Transfer Pricing, and Indirect Taxes in the UAE and across the Middle East region.
1 min read |
The impact of changing energy costs on the global mid-market
INTERNATIONAL BUSINESS REPORT The impact of changing energy costs on the global mid-market
Are energy costs affecting your business? Here’s what you need to know. Rising energy costs are a concern for global mid-market businesses, impacting operational expenses and long-term planning. The UAE has made significant strides in diversifying its energy sources. Grant Thornton has consulted with global energy industry leaders to understand how businesses are navigating these changes. For more detailed insights on the report, you can find the full article in the link below.
1 min read |

MEDIA

08 Sep 2024

Grant Thornton’s Hisham Farouk on trade, sustainable finance and ESG

The UAE division’s CEO discusses the firm’s strategies for bolstering cross-border business and the importance of sustainable finance, ESG and digital transformation

06 Jun 2024

GCC to lead the Mena region in mergers and acquisitions transactions in 2024

Mergers and acquisitions (M&A) activity in the Middle East and North Africa (Mena) region maintained strong momentum throughout 2023, reaching a total deal value of $86 billion, even as global M&A activity decreased by 15 per cent during the same period.

01 May 2024

From the advent of AI in accounting to the need for more diversity, Grant Thornton UAE CEO Hisham Farouk discusses the brave new world of financial accounting.

Hisham Farouk may have been working with Grant Thornton UAE for 24 years now, serving as CEO since 2012; however, as he tells The CEO Magazine, that doesn’t mean he’s feeling any less inspired. Far from it, in fact.