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News

RIAA Baker Gillette launches in the Middle East

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Rules for shareholders’ protection fund approved

Islamabad

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CGT on securities increased for non-filers

Karachi

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Non-resident companies: FBR issues separate procedures/conditions

The Federal Board of Revenue (FBR) has made it mandatory for non-resident companies (having no Permanent Establishment in Pakistan) to be registered to provide tax registration or incorporation document from relevant regulatory authorities of the foreign country.

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E-2 visa update

Law Firm wins approval of non-immigrant E-2 status for Korean business investor

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Income tax exemption limit to be increased

Islamabad

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Insight

What to do with returning squatters

Landlords have been plagued by the removal of one set of squatters only to find that another set, or indeed the same ones, have returned shortly thereafter. This is particularly more so since the criminalisation of squatting in residential premises in 2012. To remove squatters a landlord would need to obtain an order for possession […]

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DIFC Collective Investments Funds Regime – Regulated by the DFSA

The Collective Investment Law 2010 (DIFC Law No. 2 of 2010), the Collective Investment Rules (CIR), Module of the DFSA Rulebook and the Regulatory Law of the DIFC (DIFC Law No. 4 of 2004) are the primary components of the DIFC Collective Investment Funds Regime (the DIFC Funds Regime). The DIFC Funds Regime is regulated […]

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Islamic Finance: “At a Crossroads”

Introduction Given the substantial developments and growth in the Islamic finance industry over the last 10 years or so, it is clear that the pace of innovation has also had its downsides. Some Shariah scholars and practitioners have criticised the sector’s rapid growth as occasionally being reckless and unnecessarily “pushing the theological boundaries too far”. […]

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Protected Cell Companies in the DIFC

Overview: Dubai International Financial Centre - Protected Cell Companies

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