Author: dailyguardian.ae

Upon the establishment of a tax group, the parent company assumes the responsibility compliance requirements By Mahar Afzal/Compliance corner In our last article, we have discussed the conditions to form a corporate tax group (tax group); and when the necessary conditions are fulfilled, the parent company has the option to establish a tax group with its subsidiaries. To do so, the parent company and each subsidiary wishing to be part of the tax group must jointly apply to the Federal Tax Authority (FTA). This application must include the proposed initial tax period for the tax group. The request must be…

The Arlo Essential XL Gen 2 and Arlo Essential Gen 2 are among the newest additions to the company’s catalog. Along with incredibly similar names, the two share a lot of the same features. And when placed side by side, they look similar, too. However, there are a few key differences between these products, including both performance and pricing. Trying to figure out which is best for your smart home? Here’s a closer look at the Arlo Essential XL Gen 2 and Arlo Essential Gen 2 to help you make the right decision. Once you’re done looking at these two…

The EV company with Euro-Chinese parentage is attempting to go from the sidelines to headlines with cars like the Polestar 2. Two major demographics that are taking over the car market are Chinese vehicles and electric vehicles. Polestar is one such car company that falls under both categories. I know what you’re thinking, “What’s Polestar?”. The company started as Flash Engineering, was later rebranded to Polestar Racing, and was eventually bought over by Volvo Cars in 2015. Volvo itself became a subsidiary of Chinese automaker Geely in 2010. Thus, making Polestar of Euro-Chinese parentage headquartered in Torslanda, Sweden. Also, originally…

Abu Dhabi has turned out to be a happy hunting ground for Aljamain Sterling. The 34-year-old former UFC bantamweight champion dominated fellow American Chase Hooper to clinch the grappling welterweight division at the second Abu Dhabi Extreme Championship. The much anticipated main event of the evening saw both UFC fighters engage in intense takedowns and submission attempts. “Hooper did some good stuff and I expected that. He was the bigger guy coming into this. I’m trying to transition, going up a weight class, so what better way to test my skills than to see how good of a grappler I…

 Yango supports football fans and local talents during Africa’s biggest Football Festival In collaboration with Shado Chris and Paulo Chakal, Yango Creates YANGOOOAL song and launchesmusic competition to celebrate African fans 22nd January 2023 – Yango, an international tech company and one of the leading ride-hailing services in Africa, is not standing on the sidelines of this African football celebration ongoing in Côte d’Ivoire.   Football unites different nations and people. This championshipis not only a celebration of football in Africa, but also a competition of national teams. To show its support and enhance the journey of the fans, Yango has…

“It’s the same,” said my friend when I showed him the Samsung Galaxy S24 Ultra and the Samsung Galaxy S23 Ultra together, telling you all you need to know about the design changes between the latest Ultra phone and its predecessor. But is that the full story? I’ve used the S24 Ultra over the weekend and have a few thoughts to share ahead of my full review, which is coming soon, and they may help with any preorder decisions you may be making this week. One big design change My friend’s blunt observation about the design isn’t inaccurate at all,…

Students in the UAE will now be able to engage in international collaboration to go beyond classrooms, becoming environmental stewards and fostering an ‘outward-looking’ perspective. This initiative aims to nurture responsibility towards the planet, cultivate eco-conscious individuals, and attract support from corporate entities and philanthropists. The goal is to equip students with skills for a sustainable future and build partnerships with key stakeholders. Stay up to date with the latest news. Follow KT on WhatsApp Channels. To accelerate these efforts, renowned ethologist Dr Jane Goodall is currently in Dubai following Expo City’s announcement of its alliance with the Jane Goodall…

Israeli Prime Minister Benjamin Netanyahu’s opposition to a future sovereign Palestinian state is “disappointing”, British Prime Minister Rishi Sunak’s office said on Monday, reiterating British support for a two-state solution to the Israeli-Palestinian conflict. Netanyahu and US President Joe Biden have disagreed over the future creation of an independent Palestinian state, with Netanyahu saying at the weekend he would not compromise on “full Israeli security control of all territory west of the Jordan River”. Asked about Netanyahu’s comments, Sunak’s spokesman told reporters: “It’s disappointing to hear this from the Israeli prime minister.” Stay up to date with the latest news.…

The outlook for the GCC region in 2024 is more optimistic in comparison to the rest of the world, supported by the reversal of oil production cuts, still strong international oil prices and growth in the non-oil economy, analysts at a global professional services network said. The moderation of inflation and the central banks’ decision to ease monetary policy from the second half of the year will continue to add to this growth, while the tourism sector is also expected to see continued expansion, particularly in Saudi Arabia, analysts at PwC said in a report. In contrast to a bleak…

Four-time Grand Slam-winner Naomi Osaka will compete for glory at next month’s Mubadala Abu Dhabi Open, with the Japanese star the latest high-profile player to be confirmed for the second edition of the WTA 500 tournament. Hosted in partnership with Mubadala and presented by Abu Dhabi Sports Council, the competition returns to the International Tennis Centre, Zayed Sports City on February 3-11, with a host of big-name players, including Elena Rybakina, Ons Jabeur and Maria Sakkari, all ranked in the world’s top 10, set to battle it out for the title. They will now be joined by former World Number…