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Recent articles

Recent articles
REGULATORY UPDATE Mandatory DEWS Plan - Effective 1st Feb 2020
The DEWS (DIFC Employee Workplace Savings) Plan is a progressive End-of-service Benefit Plan introduced within the Dubai International Financial Center (DIFC) to restructure the current End-of-service Gratuity Plan into a funded and professionally managed Defined Contribution Plan.
TAX UPDATE Economic Substance Requirements in the UAE for DIFC Entities
As a member of Organization for Economic Development and Cooperation (OECD), and in response to an assessment of the UAE’s tax framework by the European Union Code of Conduct Group, the UAE has committed to ensuring standards related to Base Erosion and Profit Shifting (BEPS) are implemented.
IFRS Interim consolidated financial statements 2020
The member firms within Grant Thornton International Ltd (GTIL) have extensive expertise in the application of IFRS. GTIL, through its IFRS team, develops guidance that supports its member firms’ commitment to high quality, consistent application of IFRS and is pleased to share these insights by publishing ‘Example Interim Consolidated Financial Statements 2020'.
Thought Leadership Gender Balance isn’t just right; it is the right thing for the bottom line
We, at Grant Thornton UAE (“GT”), believe in fostering gender balance in the workforce, as a matter of purpose. We’ve seen the positive, tangible effects when organizations put this view into action and how this translates into a bottom-line enhancing position.
TAX - Special Editon Tax Alert - November 2019
In this special edition of the VAT Alert, read about the latest updates on CbC Reporting, Economic Substance Requirements and Excise Tax in the UAE.
IFRS IFRS News - Q4 2019
IFRS news is your quarterly update on things relating to International Financial Reporting Standards (IFRS). We’ll bring you up to speed on topical issues and significant developments, provide comments and give our point of view.
Regulatory Pulse Navigating the regulatory rollercoaster
FIs need to re-focus their businesses and reconsider strategies to respond to the large amount of regulation, in an economic  environment that is fundamentally more restraining. This can be achieved via five key areas of transformation for 2020 and beyond.
VAT VAT Alert - October 2019
Read about the recent developments about VAT and Excise Tax in the UAE as well as GCC updates in this VAT Alert.
Digital Risk How to better manage digital risk
Businesses of all shapes and sizes are trying to carve out competitive advantage by leveraging digital information. But owing to the increased use of personal data, it also creates vulnerabilities and inter-dependencies between two previously discrete threats – data privacy and cyber security.
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