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Income Taxes for International Companies in the UAE: A New Stage of Development
From January 1, 2025, the United Arab Emirates (UAE) will introduce a new corporate tax for international companies, which will be part of a global anti-offshore initiative supported by the Organisation for Economic Co-operation and Development (OECD). This is a significant change in the tax policy of the country, which until recently attracted businesses with its zero tax rate for most companies.
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Turkey's Economy: Balanced Growth in Q3 2024
Turkey's economy showed moderate but stable growth in the third quarter of 2024, recording a 2.1% year-on-year increase in gross domestic product (GDP). This figure was the result of a balanced economic policy aimed at disinflation, as confirmed by data released by the Turkish Statistical Institute (TÜİK).
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Greece expands property tax breaks: new opportunities for short-term rentals
Greece, a country with a rich history and picturesque landscapes, is actively working to improve conditions for property owners. In recent months, the government announced significant changes to the tax legislation regarding short-term rentals. These changes are aimed at stimulating the rental market and supporting homeowners, which has certainly attracted interest from both investors and renters.
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Protecting investors from unfinished construction in Phuket: legislative measures and practical advice
Known for its picturesque beaches and developed infrastructure, Phuket attracts many investors looking to invest in real estate. However, as in any other part of the world, investing in real estate is associated with certain risks, especially when it comes to unfinished properties. It is important to understand how Thai legislation protects the interests of investors and what precautions can be taken.
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Bali Real Estate: Why Do Some Properties Appreciate While Others Don't?
Bali is a dream island that attracts millions of tourists every year. It is no wonder that investing in Bali real estate is becoming increasingly popular. However, the real estate market here is not uniform: some properties are rapidly growing in price, bringing investors significant profits, while others barely cover maintenance costs. What determines this difference? Why do some apartments increase in price by 30-40% by the time they are rented out, while others do not?
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