Industry Updates across the GCC

To officially close (dissolve / liquidate) an LLC in the UAE, it is imperative that you follow each step to ensure that all elements and licences associated with the LLC are closed to avoid any issues in the future. Here is a step by step guide of the process. Read more

With any trade licence in UAE whether it be mainland or freezone, it is normally a requirement to set up a corporate bank account. Here is a step by step guide of the process of setting up a company bank account in the UAE. Read more

Why is marketing so important? The heart of your business success lies within a clear marketing and business strategy, most aspects of any business rely on it. Here are our top marketing tips for your business. Read more

If you are considering officially closing your Freezone LLC or Branch in Dubai, Abu Dhabi or the wider UAE, Sovereign PPG can assist you with this process. Here we set out the key steps to liquidate your business correctly. Read more

All you need to know about ADNOC vendor registration and approvals in Abu Dhabi Read more

With a convenient location for land and shipping routes from Oman, the logistics sector is currently booming and the country is supporting the growth. Read more

VAT Audits in the UAE. Tax Audits in the UAE. What is a Tax Audit? Why you should prepare for VAT Audits in UAE? What should you know about a Tax Audit? Read more

Annual General Meeting (AGM) in UAE. What is an AGM? Is an AGM a mandatory requirement? What is the Importance of holding Annual General Meeting (AGM) UAE Read more

It is important to know what is needed to implement effective corporate governance in your company. Corporate governance best practices are not restricted to companies which are legally structured as corporations or large scale businesses; having good corporate governance principles in any size of business is key to reduce risk, enhance transparency and have practicesContinue reading "Implementing Effective Corporate Governance for UAE Companies" Read more

Oman recently announced that excise tax will be implemented as of 15th June 2019, this move is to assist the country in expanding their revenue streams and boost the overall economy of the nation. A 100% tax will be introduced for tobacco products, alcohol, meat and energy drinks whilst a 50% tax will be implementedContinue reading "Oman Imposes Excise Tax" Read more