#Gcc Country

Saudi limits foreign control: CMA restricts ownership to 49%

Saudi limits foreign control: CMA restricts ownership to 49%

Foreign strategic investors are exempt from this cap, provided they hold their shares for a minimum of two years

Oman waives fines on workers from last 7 years

This move offers employees a chance to renew their work permits for the next two years

UAE- CORPORATE TAX - FREE ZONE

This GCC country has just approved a draft law on personal income tax

Six other draft laws were jointly issued by the councils