UAE
SA expats in UAE could use tax treaty to avoid new income levy
South African expats working in the Emirates could be exempt from a new tax on their foreign income under the terms of a recently-signed double tax treaty between South Africa and the United Arab Emirates (UAE).
UAE could face a ‘Hong Kong-style’ life sales slump
Asia has traditionally been the principal market outside the UK for international life business but growth in sales from the two key regional hubs of Hong Kong and Singapore has come to a halt, says Provisca founder Bryan Low.
Middle East | 28 Mar 17
Financial advice hit by UAE value-added tax, not life products
Details of the VAT system to be introduced for the first time in the UAE reveal that the standard rate of 5% will be levied on fee-based financial advice but not on the sale of life products.
Best Practice | 27 Mar 17
Deadline approaches for Dubai health insurance
Dubai residents who fail to secure mandatory health insurance cover before 1 April will face a fine of AED500 (£109, $136, €126) per month and risk their visa status.
South African expats unite against proposed tax changes
South Africans working in countries with no income tax, such as the UAE, have banded together on social media to oppose new legislation that “might put them at an unfair disadvantage” of having to pay income tax in South Africa.