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IRS Releases the Much-Awaited Guidelines to FATCA Form

August 18, 2014 7:58 am

Foreign entities use this to document their status On 25th June 2014, the IRS (Internal Revenue Service) released the much awaited instructions to Form W-8BEN-E, used by foreign entities for purposes of documenting their status under both chapters 3 and 4 (FATCA (Foreign Account Tax compliance ACT) of the Internal Revenue Code. The instructions can […]

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UAE Minister of Economy talks investment with Russia

UAE Minister of Economy talks investment with Russia

July 27, 2014 5:36 pm

The Minister of Economy will chair a delegation of senior government and business officials to Russia later this week as the commercial ties shared by the two countries continue to grow. Sultan Al Mansouri’s visit to Moscow for the UAE-Russia Business Forum to be held on Thursday is focused at strengthening trade and investment links, […]

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UK delegation  promotes beneficial   ownership  registry

UK delegation promotes beneficial ownership registry

July 27, 2014 5:35 pm

A U.K government delegation paid a visit to the Cayman Islands last week for purposes of promoting the virtues of a public central register owners of companies and other entities. The Minister for financial services, Wayne Panton , told the Finance Committee of the Legislative Assembly that a delegation from the U.K , which comprised […]

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UAE Bank Warns That Dubai’s Property May Crash

UAE Bank Warns That Dubai’s Property May Crash

July 27, 2014 5:33 pm

The property market in Abu Dhabi and Dubai has showed early signs of instability, with UAE’s Central Bank issuing warnings that the market may cripple if prices continue rocketing at the current rate. The prices of houses in Dubai have grown by 27.7% as compared to the prices recorded for the same period 12 months […]

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