• MANAGER: Jurgen Klopp – 9. A year ago the manager looked a broken man. Personal and professional problems made 2020/21 a difficult campaign. Last season he recovered his bounce and his deployment of the squad while competing on four fronts was superb. The added bonus for the Kop is he has extended his contract until 2026. A triumph of a year, even if the two biggest trophies got away from him. Getty Images
    MANAGER: Jurgen Klopp – 9. A year ago the manager looked a broken man. Personal and professional problems made 2020/21 a difficult campaign. Last season he recovered his bounce and his deployment of the squad while competing on four fronts was superb. The added bonus for the Kop is he has extended his contract until 2026. A triumph of a year, even if the two biggest trophies got away from him. Getty Images
  • GOALKEEPERS: Alisson Becker – 9. The Brazilian is among the best in the world at his position. His shotstopping is magnificent – especially one-on-one – and his distribution is excellent. He managed the defence with aplomb, too, directing those in front of him. A key component in the team. EPA
    GOALKEEPERS: Alisson Becker – 9. The Brazilian is among the best in the world at his position. His shotstopping is magnificent – especially one-on-one – and his distribution is excellent. He managed the defence with aplomb, too, directing those in front of him. A key component in the team. EPA
  • Caoimhin Kelleher ¬– 7. The Irishman did not get much playing time but he made the most of it when he did. His biggest moment came in the League Cup final against Chelsea when he made two crucial saves and scored a penalty in the shoot-out. The most reliable of backups. PA
    Caoimhin Kelleher ¬– 7. The Irishman did not get much playing time but he made the most of it when he did. His biggest moment came in the League Cup final against Chelsea when he made two crucial saves and scored a penalty in the shoot-out. The most reliable of backups. PA
  • DEFENDERS: Trent Alexander-Arnold – 8. The 23-year-old was again the creative hub of the team. His forward play and his crossing are vital to the way the side plays. Sure, he had some tricky moments defensively when opponents managed to exploit the space behind him, but it was a risk worth taking. He oozed class. Getty Images
    DEFENDERS: Trent Alexander-Arnold – 8. The 23-year-old was again the creative hub of the team. His forward play and his crossing are vital to the way the side plays. Sure, he had some tricky moments defensively when opponents managed to exploit the space behind him, but it was a risk worth taking. He oozed class. Getty Images
  • Joe Gomez – 6. The 25-year-old dropped down the pecking order at centre-half after returning from long-term injury. On the plus side, he was impressive when filling in at right-back. He has done well enough to likely earn a contract extension. Reuters
    Joe Gomez – 6. The 25-year-old dropped down the pecking order at centre-half after returning from long-term injury. On the plus side, he was impressive when filling in at right-back. He has done well enough to likely earn a contract extension. Reuters
  • Joel Matip – 8. One of the big question marks over the 30-year-old had been his robustness. Injuries were not a factor last season. His use of space, quickness and his ability to bring the ball out from the back were outstanding. It bodes well for the future. Reuters
    Joel Matip – 8. One of the big question marks over the 30-year-old had been his robustness. Injuries were not a factor last season. His use of space, quickness and his ability to bring the ball out from the back were outstanding. It bodes well for the future. Reuters
  • Ibrahima Konate – 7. The Frenchman is a work in progress but he made significant advances in the season. He is sometimes skittish on the ball but improved with every outing – his best game was the Champions League final. His physicality is impressive and he was a threat in the opposition box. At just 23 he has massive room for improvement. PA
    Ibrahima Konate – 7. The Frenchman is a work in progress but he made significant advances in the season. He is sometimes skittish on the ball but improved with every outing – his best game was the Champions League final. His physicality is impressive and he was a threat in the opposition box. At just 23 he has massive room for improvement. PA
  • Virgil van Dijk – 8. It took a while for the Dutchman to return to his imperious best after returning from a cruciate ligament injury. He regained his stature as the season progressed. His commanding presence was vital to the team’s success. PA
    Virgil van Dijk – 8. It took a while for the Dutchman to return to his imperious best after returning from a cruciate ligament injury. He regained his stature as the season progressed. His commanding presence was vital to the team’s success. PA
  • Andrew Robertson – 8. The Scot’s boundless energy and his will to win were evident in every game he played. His crossing added a huge amount of threat to the Liverpool attack. He was one of the major figures in the side. AP Photo
    Andrew Robertson – 8. The Scot’s boundless energy and his will to win were evident in every game he played. His crossing added a huge amount of threat to the Liverpool attack. He was one of the major figures in the side. AP Photo
  • Kostas Tsimikas – 7. They love the Greek at Anfield and every time he appeared in place of Robertson the crowd loved his approach. There was very little drop-off on the left side when the 26-year-old was involved. Reuters
    Kostas Tsimikas – 7. They love the Greek at Anfield and every time he appeared in place of Robertson the crowd loved his approach. There was very little drop-off on the left side when the 26-year-old was involved. Reuters
  • MIDFIELDERS: Jordan Henderson – 7. The captain’s workrate and willingness to subvert his own game to help his teammates remained impressive. He might have slowed down a little at 31 but his experience more than made up for any reduction in pace. His leadership showed throughout the campaign. EPA
    MIDFIELDERS: Jordan Henderson – 7. The captain’s workrate and willingness to subvert his own game to help his teammates remained impressive. He might have slowed down a little at 31 but his experience more than made up for any reduction in pace. His leadership showed throughout the campaign. EPA
  • Fabinho – 8. The Brazilian is the man who seizes control of the midfield. His contribution was enormous and he supplied the platform from which the team could play. The defence were frequently grateful for his protective tackling. AP Photo
    Fabinho – 8. The Brazilian is the man who seizes control of the midfield. His contribution was enormous and he supplied the platform from which the team could play. The defence were frequently grateful for his protective tackling. AP Photo
  • Thiago Alcantara – 9. At the beginning of the season some were still asking whether the 31-year-old was the right fit for Liverpool. Those questions have long been put to bed. His passing was often wonderful; his pressing remarkably effective. A standout campaign. EPA
    Thiago Alcantara – 9. At the beginning of the season some were still asking whether the 31-year-old was the right fit for Liverpool. Those questions have long been put to bed. His passing was often wonderful; his pressing remarkably effective. A standout campaign. EPA
  • Naby Keita – 6. The Guinean had moments when he looked brilliant and other games where he needed to offer more. He did not produce the consistency that the team needed over the season but a good finish to the campaign earned him a positive rating. EPA
    Naby Keita – 6. The Guinean had moments when he looked brilliant and other games where he needed to offer more. He did not produce the consistency that the team needed over the season but a good finish to the campaign earned him a positive rating. EPA
  • James Milner – 7. The 36-year-old did everything asked of him. Much of that meant coming off the bench to help see games to their conclusion but the veteran put everything into every performance. Mr Reliable. AFP
    James Milner – 7. The 36-year-old did everything asked of him. Much of that meant coming off the bench to help see games to their conclusion but the veteran put everything into every performance. Mr Reliable. AFP
  • Curtis Jones – 6. The 21-year-old didn’t develop quite as quickly as he might have hoped but that was due to an eye injury and the strength of the squad. He showed enough quality to be optimistic for the future. EPA
    Curtis Jones – 6. The 21-year-old didn’t develop quite as quickly as he might have hoped but that was due to an eye injury and the strength of the squad. He showed enough quality to be optimistic for the future. EPA
  • Alex Oxlade-Chamberlain – 4. It was not a good season for the 28-year-old. His opportunities were limited and when the chances to play came along he rarely shone. With so many impressive performers, he found himself at the back of the queue and a summer exit seems inevitable. AP Photo
    Alex Oxlade-Chamberlain – 4. It was not a good season for the 28-year-old. His opportunities were limited and when the chances to play came along he rarely shone. With so many impressive performers, he found himself at the back of the queue and a summer exit seems inevitable. AP Photo
  • FORWARDS: Mohamed Salah – 9. The Egyptian remained the best attacker in the Premier League and perhaps the world. Even after taking a month off to play in the Africa Cup of Nations, he won the Golden Boot with 23 league goals. Defences were visibly unnerved by his presence. EPA
    FORWARDS: Mohamed Salah – 9. The Egyptian remained the best attacker in the Premier League and perhaps the world. Even after taking a month off to play in the Africa Cup of Nations, he won the Golden Boot with 23 league goals. Defences were visibly unnerved by his presence. EPA
  • Roberto Firmino – 7. The Brazilian dropped down the pecking order but that was because of the abundance of attacking quality rather than his own failings. He was sometimes overshadowed by his teammates but his clever movement and touches frequently improved the side. AP Photo
    Roberto Firmino – 7. The Brazilian dropped down the pecking order but that was because of the abundance of attacking quality rather than his own failings. He was sometimes overshadowed by his teammates but his clever movement and touches frequently improved the side. AP Photo
  • Sadio Mane – 8. The Senegalese menaced defences. At times his competitive instincts meant he came close to overstepping the mark but he mainly stayed on the right side of the line. He will be sorely missed when he leaves Anfield this summer. Reuters
    Sadio Mane – 8. The Senegalese menaced defences. At times his competitive instincts meant he came close to overstepping the mark but he mainly stayed on the right side of the line. He will be sorely missed when he leaves Anfield this summer. Reuters
  • Diogo Jota – 7. The Portuguese maintained his fine form throughout the campaign. His direct running at defenders and his poacher’s instinct in the area proved effective. EPA
    Diogo Jota – 7. The Portuguese maintained his fine form throughout the campaign. His direct running at defenders and his poacher’s instinct in the area proved effective. EPA
  • Luis Diaz – 8. The Colombian has been sensational since arriving from Porto in January. He slotted into the attack as if he had been at Anfield for years. A brilliant buy for the club. AFP
    Luis Diaz – 8. The Colombian has been sensational since arriving from Porto in January. He slotted into the attack as if he had been at Anfield for years. A brilliant buy for the club. AFP
  • Divock Origi – 6. The Belgian departs Merseyside in a wave of affection. He was never a natural fit for the side’s style but he gave the team a different look and scored vital goals. The striker showed total commitment every time he played. PA
    Divock Origi – 6. The Belgian departs Merseyside in a wave of affection. He was never a natural fit for the side’s style but he gave the team a different look and scored vital goals. The striker showed total commitment every time he played. PA
  • Takumi Minamino – 6. The Japanese spent most of his time on the bench. He was top scorer in both domestic cup campaigns and never lacked for effort. A move is likely in the summer and he should thrive elsewhere with more playing time. Reuters
    Takumi Minamino – 6. The Japanese spent most of his time on the bench. He was top scorer in both domestic cup campaigns and never lacked for effort. A move is likely in the summer and he should thrive elsewhere with more playing time. Reuters
  • Harvey Elliott – 6. The 19-year-old started the season expecting to contribute regularly but a serious ankle injury in September slowed his progress. By the time he came back in February, the dynamics of the team had changed and there were fewer chances for the youngster. There will be plenty of time for him to blossom. EPA
    Harvey Elliott – 6. The 19-year-old started the season expecting to contribute regularly but a serious ankle injury in September slowed his progress. By the time he came back in February, the dynamics of the team had changed and there were fewer chances for the youngster. There will be plenty of time for him to blossom. EPA

Sadio Mane hints he will leave Liverpool because he does 'what Senegalese want'


  • English
  • Arabic

Sadio Mane claimed his future will be resolved “soon” after joking he would leave the decision up to his fellow Senegalese amid speculation he is set to depart Liverpool this summer.

Mane is set to enter the final 12 months of his contract but it is understood he will only be allowed to leave for a fee in excess of £25 million ($31.2m), providing the Reds have a suitable replacement lined up.

The 30-year-old has been heavily linked with a switch to Bundesliga giants Bayern Munich but he was keeping his cards close to his chest ahead of Senegal’s Africa Cup of Nations qualifier against Benin.

“Don’t worry, it’s not far. Don’t be in a hurry, you’ll see it soon, there’s no problem,” he said at a press conference.

Mane joined Liverpool from Southampton for £30m six years ago and has been an instrumental presence on Merseyside as part of a vaunted front trio alongside Mohamed Salah and Roberto Firmino.

The three forwards have helped Liverpool to Premier League and Champions League glory in recent years while Jurgen Klopp’s side did the domestic double of the FA Cup and League Cup this season.

Mane scored 23 goals in the recently completed campaign but his latest non-committal remarks about where he will be next season are unlikely to inspire any positivity at Liverpool.

Moments earlier he had suggested he would follow the advice of his compatriots.

“I look at the social networks like all the young Senegalese, like the new generation too,” he said.

“Sometimes I see the comments and if you look at it, 60 to 70 per cent of Senegalese want me to leave Liverpool, right? And I would do what the Senegalese want.”

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20FinFlx%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20January%202021%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Amr%20Yussif%20(co-founder%20and%20CEO)%2C%20Mattieu%20Capelle%20(co-founder%20and%20CTO)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%20in%3A%3C%2Fstrong%3E%20Dubai%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%20size%3A%3C%2Fstrong%3E%20%241.5m%20pre-seed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Venture%20capital%20-%20Y%20Combinator%2C%20500%20Global%2C%20Dubai%20Future%20District%20Fund%2C%20Fox%20Ventures%2C%20Vector%20Fintech.%20Also%20a%20number%20of%20angel%20investors%3C%2Fp%3E%0A
Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
The biogs

Name: Zinah Madi

Occupation: Co-founder of Dots and links

Nationality: Syrian

Family: Married, Mother of Tala, 18, Sharif, 14, Kareem, 2

Favourite Quote: “There is only one way to succeed in anything, and that is to give it everything.”

 

Name: Razan Nabulsi

Occupation: Co-founder of Dots and Links

Nationality: Jordanian

Family: Married, Mother of Yahya, 3.5

Favourite Quote: A Chinese proverb that says: “Be not afraid of moving slowly, be afraid only of standing still.”

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Who are the Soroptimists?

The first Soroptimists club was founded in Oakland, California in 1921. The name comes from the Latin word soror which means sister, combined with optima, meaning the best.

The organisation said its name is best interpreted as ‘the best for women’.

Since then the group has grown exponentially around the world and is officially affiliated with the United Nations. The organisation also counts Queen Mathilde of Belgium among its ranks.

The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

hall of shame

SUNDERLAND 2002-03

No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.

SUNDERLAND 2005-06

Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.

HUDDERSFIELD 2018-19

Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.

ASTON VILLA 2015-16

Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.

FULHAM 2018-19

Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.

LA LIGA: Sporting Gijon, 13 points in 1997-98.

BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

PROFILE BOX

Company name: Overwrite.ai

Founder: Ayman Alashkar

Started: Established in 2020

Based: Dubai International Financial Centre, Dubai

Sector: PropTech

Initial investment: Self-funded by founder

Funding stage: Seed funding, in talks with angel investors

HAEMOGLOBIN DISORDERS EXPLAINED

Thalassaemia is part of a family of genetic conditions affecting the blood known as haemoglobin disorders.

Haemoglobin is a substance in the red blood cells that carries oxygen and a lack of it triggers anemia, leaving patients very weak, short of breath and pale.

The most severe type of the condition is typically inherited when both parents are carriers. Those patients often require regular blood transfusions - about 450 of the UAE's 2,000 thalassaemia patients - though frequent transfusions can lead to too much iron in the body and heart and liver problems.

The condition mainly affects people of Mediterranean, South Asian, South-East Asian and Middle Eastern origin. Saudi Arabia recorded 45,892 cases of carriers between 2004 and 2014.

A World Health Organisation study estimated that globally there are at least 950,000 'new carrier couples' every year and annually there are 1.33 million at-risk pregnancies.

The bio

Favourite book: The Alchemist by Paulo Coelho

Favourite travel destination: Maldives and south of France

Favourite pastime: Family and friends, meditation, discovering new cuisines

Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.

Favourite Author: My father for sure

Favourite Artist: Damien Hurst

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

The biog

Name: Mohammed Imtiaz

From: Gujranwala, Pakistan

Arrived in the UAE: 1976

Favourite clothes to make: Suit

Cost of a hand-made suit: From Dh550

 

Pakistanis%20at%20the%20ILT20%20
%3Cp%3EThe%20new%20UAE%20league%20has%20been%20boosted%20this%20season%20by%20the%20arrival%20of%20five%20Pakistanis%2C%20who%20were%20not%20released%20to%20play%20last%20year.%20%0D%3Cbr%3E%0D%0D%0D%3Cbr%3E%3Cstrong%3EShaheen%20Afridi%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3ESet%20for%20at%20least%20four%20matches%2C%20having%20arrived%20from%20New%20Zealand%20where%20he%20captained%20Pakistan%20in%20a%20series%20loss.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EShadab%20Khan%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3E%0DThe%20leg-spin%20bowling%20allrounder%20missed%20the%20tour%20of%20New%20Zealand%20after%20injuring%20an%20ankle%20when%20stepping%20on%20a%20ball.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAzam%20Khan%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3EPowerhouse%20wicketkeeper%20played%20three%20games%20for%20Pakistan%20on%20tour%20in%20New%20Zealand.%20He%20was%20the%20first%20Pakistani%20recruited%20to%20the%20ILT20.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMohammed%20Amir%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3EHas%20made%20himself%20unavailable%20for%20national%20duty%2C%20meaning%20he%20will%20be%20available%20for%20the%20entire%20ILT20%20campaign.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EImad%20Wasim%20(Abu%20Dhabi%20Knight%20Riders)%20%3C%2Fstrong%3E%0D%3Cbr%3EThe%20left-handed%20allrounder%2C%2035%2C%20retired%20from%20international%20cricket%20in%20November%20and%20was%20subsequently%20recruited%20by%20the%20Knight%20Riders.%26nbsp%3B%3C%2Fp%3E%0A
Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

The specs: 2018 Kia Picanto

Price: From Dh39,500

Engine: 1.2L inline four-cylinder

Transmission: Four-speed auto

Power: 86hp @ 6,000rpm

Torque: 122Nm @ 4,000rpm

Fuel economy, combined: 6.0L / 100km

The biog

Favourite books: 'Ruth Bader Ginsburg: A Life' by Jane D. Mathews and ‘The Moment of Lift’ by Melinda Gates

Favourite travel destination: Greece, a blend of ancient history and captivating nature. It always has given me a sense of joy, endless possibilities, positive energy and wonderful people that make you feel at home.

Favourite pastime: travelling and experiencing different cultures across the globe.

Favourite quote: “In the future, there will be no female leaders. There will just be leaders” - Sheryl Sandberg, COO of Facebook.

Favourite Movie: Mona Lisa Smile 

Favourite Author: Kahlil Gibran

Favourite Artist: Meryl Streep

TOP%2010%20MOST%20POLLUTED%20CITIES
%3Cp%3E1.%20Bhiwadi%2C%20India%0D%3Cbr%3E2.%20Ghaziabad%2C%20India%0D%3Cbr%3E3.%20Hotan%2C%20China%0D%3Cbr%3E4.%20Delhi%2C%20India%0D%3Cbr%3E5.%20Jaunpur%2C%20India%0D%3Cbr%3E6.%20Faisalabad%2C%20Pakistan%0D%3Cbr%3E7.%20Noida%2C%20India%0D%3Cbr%3E8.%20Bahawalpur%2C%20Pakistan%0D%3Cbr%3E9.%20Peshawar%2C%20Pakistan%0D%3Cbr%3E10.%20Bagpat%2C%20India%3C%2Fp%3E%0A%3Cp%3E%3Cem%3ESource%3A%20IQAir%3C%2Fem%3E%3C%2Fp%3E%0A
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Play-off fixtures

Two-legged ties to be played November 9-11 and November 12-14

 

  • Northern Ireland v Switzerland
  • Croatia v Greece
  • Denmark v Ireland
  • Sweden v Italy
COMPANY%20PROFILE%20
%3Cp%3EName%3A%20DarDoc%3Cbr%3EBased%3A%20Abu%20Dhabi%3Cbr%3EFounders%3A%20Samer%20Masri%2C%20Keswin%20Suresh%3Cbr%3ESector%3A%20HealthTech%3Cbr%3ETotal%20funding%3A%20%24800%2C000%3Cbr%3EInvestors%3A%20Flat6Labs%2C%20angel%20investors%20%2B%20Incubated%20by%20Hub71%2C%20Abu%20Dhabi's%20Department%20of%20Health%3Cbr%3ENumber%20of%20employees%3A%2010%3C%2Fp%3E%0A
Updated: June 04, 2022, 4:10 PM