Middle East
Middle East | 24 Oct 17
Saudi expat employment visas slashed
Expats working in Saudi Arabia will now only be able to apply for one-year employment visas after the Ministry of Labor and Social Development cut the duration in half.
Guernsey waives promoter licences for over 100 territories
Investment promoters from a host of countries and territories will no longer have to obtain a licence from the Guernsey Financial Services Commission (GFSC) if their main place of business is in one of more than 100 jurisdictions.
Best Practice | 17 Oct 17
Nearly 50% of UAE advisers ‘anxious’ about new rules
Almost half of UAE advisers admit to anxiety about new rules that will affect how they operate and say that they “need to change now” to be ready for them, according to a survey into forthcoming regulations conducted by Zurich Middle East.
Middle East | 16 Oct 17
Israel tightens up residency rules with 7 conditions
The Israeli Tax Authority (ITA) has set out seven conditions for a recent immigrant to be regarded as an Israeli resident for tax purposes as part of a wider move to tighten the rules.
Dubai’s DIFC prepares to implement CRS and reform trust laws
The Dubai International Financial Centre is preparing new laws to implement the Common Reporting Standard (CRS), and to reform its rules surrounding trusts and foundations.