In April 2025, President Donald Trump introduced a sweeping set of tariffs aimed at reshaping America’s trade relationships and boosting domestic industry. These measures mark one of the most aggressive trade policy shifts in recent years. This will effect shipping companies as well as traders A 10% Blanket Tariff on All Imports As of April […]
Corporate Tax Filing Penalties & Violations Corporations and businesses in the UAE must follow the Corporate Tax Law and Tax Procedures Law. Non-compliance might lead to severe administrative penalties. Here’s an extensive table describing the violations and their respective CT Filing Penalties: Table of Violations and Administrative Penalties on the Taxation of Corporations and Businesses […]
A Transit Shipment or normally said as Trans Shipment is common practice at main ports. A transit shipment is the transportation of goods through a country or territory other than the origin or destination. The goods remain on the same mode of transportation, such as a ship, train, or aircraft, during transit. Transit shipment means […]