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We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.Read the full edition
The State of Qatar has recently issued Law No. 11 of 2022 amending Qatar’s existing corporate income tax law (Law No. 24 of 2018) The new amendments aim to align Qatar’s corporate income tax (“CIT”) regime with recent international tax reforms, including the OECD’s BEPS Pillar 2 proposals.
Amendments to the Executive Regulation of the Income Tax Law are expected to be published soon with further guidance on the above amended provisions.
Our multiple award-winning Tax team is here to help. With their expertise and significant experience of CIT matters across the Middle East and all industry sectors, they are well placed to assess the impact of the updated legislation on your organisation and assist with your CIT requirements in Qatar.
Partner, Head of Taxations.email@example.com
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