As a precursor to the partnership initiative, the UK CA firm hosted a joint audit outreach session at ADGM last week in Abu Dhabi
Institute of Chartered Accountants in England and Wales
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Central Bank Digital Currency (CBDC)
ICAEW partners with UAE Banks Federation to help firms navigate booming digital assets landscape
The partnership aligns with the UAE’s advanced Central Bank Digital Currencies (CBDCs) pilot, as the digital assets market nears $80 billion by 2024
Corporate tax
Revealed: UAE set to see massive influx of specialized accounting firms with new corporate tax to kick in from June
The fast approaching January 2024 deadline for imposition of the OECD-proposed global minimum tax (GMT) for the corporate sector by GCC countries will add to the expected entry rush by overseas accounting and auditing firms and professionals to the region