Negotiation is vital in managing contracts effectively as it influences various aspects of a deal, right from deal formation to resolving conflicts amicably. Securing favorable results in negotiations entails not only strategic planning, but also a mix of legal knowledge and clear communication skills. Recognizing the interplay between these factors can help improve the outcome of negotiations and lead to…

The FTA has updated the format of the UAE Corporate Tax return, which now has a specific portion on Transfer Pricing (TP) related disclosure. This article gives an overview and highlights critical items in the said portion.

The most awaited changes expected in the budget are relating to personal income tax. This was a historic 7th budget for our Finance Minister, Nirmala Sitharaman and the first of the Modi Government 3.

Global Capability Centers (GCC) have evolved from cost generators to strategic business enablers and value generators. During the initial stage, the majority of transactional activities, headcount, and budgets are off-shored under local governance with the aim of cost reduction. As GCCs grow over time, there is an increase in demand for service and for talent. Companies then shift from focusing…