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News
November 20, 2024
Maxim Klyuchnikov met with Belgian lawyers to discuss the unblocking of Russian citizens' assets in Euroclear
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During a meeting with the legal community in Brussels, important aspects of the procedure for unblocking the assets of Russian citizens were discussed:
- Clarified details on the practice of the Belgian Treasury's responses to unblocking requests;
- Discussed the actual process of asset transfer by Euroclear;
- Established that the Luxembourg Ministry of Finance has started actively issuing licenses not only for cash, but also for securities.
Our team continues to actively apply for licenses with the Belgian Treasury and the Luxembourg Ministry of Finance - the latter with more certainty.
https://t.me/alpine_tax/486
Detailed explanations from the meeting will be provided a little later.
- Clarified details on the practice of the Belgian Treasury's responses to unblocking requests;
- Discussed the actual process of asset transfer by Euroclear;
- Established that the Luxembourg Ministry of Finance has started actively issuing licenses not only for cash, but also for securities.
Our team continues to actively apply for licenses with the Belgian Treasury and the Luxembourg Ministry of Finance - the latter with more certainty.
https://t.me/alpine_tax/486
Detailed explanations from the meeting will be provided a little later.
November 08, 2024
Video of speaker presentations from the 3rd Annual Conference ALPINE Tax
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Video from the 3rd Annual ALPINE Tax Conference: “Opportunities for Businesses and Individuals Abroad”.
Links to the speakers' presentations:
News from the practice of taxation and business structuring in the UAE;
Company in the UAE: cross-border opportunities through the prism of current realities and CFC rules;
Key attractiveness factors for entering the South African markets;
Structures for Personal Assets: Personal Funds in DIFC and Russia;
Experience of unblocking assets (Euroclear and OFAC): what has changed over the year? EU residence permit and tax residency;
Guide to probate in the UAE: leave a legacy, not questions.
Links to the speakers' presentations:
News from the practice of taxation and business structuring in the UAE;
Company in the UAE: cross-border opportunities through the prism of current realities and CFC rules;
Key attractiveness factors for entering the South African markets;
Structures for Personal Assets: Personal Funds in DIFC and Russia;
Experience of unblocking assets (Euroclear and OFAC): what has changed over the year? EU residence permit and tax residency;
Guide to probate in the UAE: leave a legacy, not questions.
November 05, 2024
Sergey Gerasimov explained to Wealth Navigator: Why do we need personal foundations in the UAE?
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Personal foundations are a fairly new legal structure in our reality, designed to ensure the safety of the assets placed in them in any circumstances. Specializing in opening personal funds in the DIFC freezone in the UAE, Sergey Gerasimov, Managing Partner of ALPINE Tax, explained who may need a personal foundation.
Read more about the news at the link in Wealth Navigator
Read more about the news at the link in Wealth Navigator
November 02, 2024
ALPINE Tax has received a license of registration agent in Dubai International Financial Centre
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Our company is pleased to announce that it has obtained a registration agent license at Dubai International Financial Centre (DIFC). This important step opens new horizons for ALPINE Tax and allows us to provide our clients with a wider range of tax, financial and business advisory services.
Read more about the news at the link
Read more about the news at the link
October 22, 2024
The 3rd Annual ALPINE Group Morning Coffee: "Opportunities for Businesses and Individuals Abroad" Takes Place in Dubai!
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We are pleased to announce the successful completion of the 3rd Annual ALPINE Group event, titled "Opportunities for Businesses and Individuals Abroad."
September 12, 2024
Informational Portal on Tax Legislation in the UAE
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New informational Portal on Tax Legislation in the UAE: Your Reliable Partner in the Business World! Changes in tax legislation in the UAE can introduce an element of uncertainty for businesses. It is crucial to stay informed about new developments, especially in dynamic markets like the UAE. We are pleased to introduce the new information portal, TAX PROVIDERS UAE, aimed at assisting you in this area!
August 08, 2024
Business breakfast in Yekaterinburg
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South Africa: Key Issues for Entering the Market and Doing Business. UAE: Tax and Structuring Practice News August 27, 2024.
May 31, 2024
Webinar “UAE. Current issues of 2024"
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You are invited to the webinar “UAE. Current issues of 2024". Date and time: June 13, 2024, 12:00 (Moscow time).
May 13, 2024
The first UAE corporate tax period
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Tips to get ready for your first UAE Corporate Tax Period
March 11, 2024
ALPINE Tax recognized as one of the leaders in the UAE legal market by Pravo.ru
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The results of the research on the UAE legal market by Pravo.ru are announced.
March 11, 2024
Webinar " Family law when moving abroad"
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Meet our recent YouTube update on family law when moving abroad
March 11, 2024
RE the restrictions on deducting interest expenses for companies in the UAE
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Federal Decree-Law No. 47/2022 "On Taxation of Corporations and Enterprises"/ Corporate Tax UAE (hereinafter referred to as the UAE Income Tax Law) provides for certain restrictions on the deduction of interest expenses.
December 27, 2023
Happy New Year
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Dear friends, clients and partners!
We would like to share with you the festive atmosphere of the ALPINE Group Winter Holiday party Lost in Hollywood!
Your trustworthy consultants know how to not only work efficiently but also have a good time in the spirit of the Hollywood movie where everyone is the protagonist of an exciting story with a happy ending!
We congratulate you on the upcoming New Year and may all your aspirations come true!
We would like to share with you the festive atmosphere of the ALPINE Group Winter Holiday party Lost in Hollywood!
Your trustworthy consultants know how to not only work efficiently but also have a good time in the spirit of the Hollywood movie where everyone is the protagonist of an exciting story with a happy ending!
We congratulate you on the upcoming New Year and may all your aspirations come true!
November 18, 2023
Switzerland: can't leave can't stay
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We invite you to a webinar for owners of capital worldwide: Switzerland: can't leave can't stay
September 25, 2023
2nd annual ALPINE Tax and ALPINE Group conference "Opportunities for business and individuals worldwide", Dubai and Moscow
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The event was a great success with attendees praising its informative content and valuable networking opportunities. ALPINE Tax & ALPINE Group would like to thank all participants who contributed to making this event a success.
We look forward to continuing our tradition of hosting these events annually in order to provide quality information that can help business owners and individuals make informed decisions about their finances.
We look forward to continuing our tradition of hosting these events annually in order to provide quality information that can help business owners and individuals make informed decisions about their finances.
September 01, 2023
ALPINE Group’s range of services is expanding
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Starting from 2023 we provide full-service company management in South Africa.
August 04, 2023
Penalty for Non-Compliance with Arabic Language Requirement
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Under the provisions of UAE Cabinet of Ministers Decision No. 49/2021, it is essential for taxpayers to furnish information and documents pertaining to the calculation of tax liabilities in Arabic within the specified timeframe. Failure to comply with this requirement may result in a penalty of approximately $5,500 USD.
We strongly advise all taxpayers to adhere to this obligation to ensure compliance with the regulations and avoid any financial consequences. Failure to provide the required information in Arabic could lead to significant penalties and legal complications.
If you have any questions regarding your tax obligations or the language requirements, do not hesitate to seek legal counsel & contact us.
We strongly advise all taxpayers to adhere to this obligation to ensure compliance with the regulations and avoid any financial consequences. Failure to provide the required information in Arabic could lead to significant penalties and legal complications.
If you have any questions regarding your tax obligations or the language requirements, do not hesitate to seek legal counsel & contact us.
May 22, 2023
Penalty for failure to provide information and documents regarding the calculation of tax obligations in Arabic
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In accordance with UAE Cabinet Resolution No. 49/2021, if a taxpayer fails to provide information and documents regarding the calculation of tax obligations in Arabic within the set deadline, a fine of ≈$5,500 is applied to the taxpayer.
May 22, 2023
Sergey Gerasimov's Valuable Insights at the BCS Conference
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Staying updated on the ever-evolving international legislation that impacts professionals and high-net-worth individuals is of paramount importance. Our partner BCS Ltd. has recently organized an exclusive gathering for the esteemed clients at the prestigious Trump International Golf Club in Dubai.
One of the main was the speech of Sergey Gerasimov, Managing Partner of ALPINE Group, who shared valuable insights on personal fund formation, will preparation, and income tax management in the UAE.
Sergey's ability to communicate complex financial and legal information in a clear and concise manner resonated deeply with the guests. They appreciated his expertise and his knack for simplifying intricate concepts.
Don't miss out on this exceptional opportunity: Sergey Gerasimov's captivating presentation is now available upon request. To access it, kindly reach out to us via email at eponoyanova@aigroup.ae
One of the main was the speech of Sergey Gerasimov, Managing Partner of ALPINE Group, who shared valuable insights on personal fund formation, will preparation, and income tax management in the UAE.
Sergey's ability to communicate complex financial and legal information in a clear and concise manner resonated deeply with the guests. They appreciated his expertise and his knack for simplifying intricate concepts.
Don't miss out on this exceptional opportunity: Sergey Gerasimov's captivating presentation is now available upon request. To access it, kindly reach out to us via email at eponoyanova@aigroup.ae
March 23, 2023
Maxim Klyuchnikov at Dubai New Economy Legal Forum - 2023.
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The Dubai New Economy Legal Forum - 2023 has come to an end.
The discussion was based on important questions for the legal world:
* How quickly will the economy adapt to the new conditions?
* Which areas of international cooperation will be most effective?
* How to translate the enormous geopolitical potential of growing economies into practical cooperation at the business level?
It was interesting to hear the views of representatives of different regulatory practices.
We are glad to share with you some photos of the event and the impression of Maxim Klyuchnikov, Partner of ALPINE Tax, from this two-day forum:
"The UAE tax landscape is changing significantly and at the same time the professional services market is seeing the appearance of advanced tax practices ready to provide quality services at the level expected by clients".
The discussion was based on important questions for the legal world:
* How quickly will the economy adapt to the new conditions?
* Which areas of international cooperation will be most effective?
* How to translate the enormous geopolitical potential of growing economies into practical cooperation at the business level?
It was interesting to hear the views of representatives of different regulatory practices.
We are glad to share with you some photos of the event and the impression of Maxim Klyuchnikov, Partner of ALPINE Tax, from this two-day forum:
"The UAE tax landscape is changing significantly and at the same time the professional services market is seeing the appearance of advanced tax practices ready to provide quality services at the level expected by clients".
January 17, 2023
Changes in UAE family and inheritance law
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On 1 February 2023, a new Personal Status Law No. 41/2022 will come into force in the UAE, setting out specific rules regulating family and inheritance relations. The provisions of the law apply to both non-Muslim UAE citizens and non-Muslim foreigners residing in the UAE.
A key feature of the Law: the new Law provides for equality between men and women in all rights and obligations (the previous one was based on Sharia).
A key feature of the Law: the new Law provides for equality between men and women in all rights and obligations (the previous one was based on Sharia).
December 19, 2022
New visa requirements in the UAE
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Now, it is not possible to extend a tourist visa without leaving the country. Numerous sources report that the UAE authorities have canceled the exemptions introduced in connection with the coronavirus pandemic. According to open sources, it is currently only possible to extend one's stay in the state only in Dubai after a 90-day stay.
However, there is a risk in refusal of an extension and it will be necessary to leave the country. In the remaining emirates this option is now not available. In November this year, the fine for overstaying tourist visas was reduced to AED 50 per day. If a tourist visa is overdue for more than 30 days, a person could face arrest. A resident visa holder who fails to change status or leave the country within 6 months after the visa expires could also face arrest.
Awaiting official confirmation.
However, there is a risk in refusal of an extension and it will be necessary to leave the country. In the remaining emirates this option is now not available. In November this year, the fine for overstaying tourist visas was reduced to AED 50 per day. If a tourist visa is overdue for more than 30 days, a person could face arrest. A resident visa holder who fails to change status or leave the country within 6 months after the visa expires could also face arrest.
Awaiting official confirmation.
December 09, 2022
UAE income tax law is published
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The new Federal Law on Company Taxation in the UAE has been published today (link to the document).
What are the changes and when do they come into effect? How will these changes affect companies in the UAE?
On December 15, 2022 Maxim Klyuchnikov, partner at ALPINE Group made an overview of the new legislation and elaborate on how the changes will affect businesses in the UAE.
What are the changes and when do they come into effect? How will these changes affect companies in the UAE?
On December 15, 2022 Maxim Klyuchnikov, partner at ALPINE Group made an overview of the new legislation and elaborate on how the changes will affect businesses in the UAE.