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News & Knowledge

All Knowledge & Opinions

Changes to the tax rules in Norway

19th November 2020

Norway is about to introduce withholding tax on interest, royalties, and certain lease payments.

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India: Faceless Assessment Scheme introduced to simplify the process of tax proceedings

19th November 2020

As a measure of easing compliance and rewarding honest taxpayers, Central Government has brought in faceless assessment scheme to simplify the process of tax proceedings. MSI's Chennai accounting member DVS Advisors LLP provides further insight.

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South Korea: Aspects of managing risk

19th November 2020

MSI' South Korean law member Ahnse Law Office recently represented a foreign client which exported certain foods to Korea and provides an insight into this particular case. The payment terms were Documents Against Payment such which are governed by the Uniform Rules on Collection 522 (URC 522). Documents Against Payment also known as (DAP or D/P) is of course a method of payment like letters of credit and TT.

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Abu Dhabi launches new FDI licence to boost foreign investments

19th November 2020

Abu Dhabi has introduced a new Foreign Direct Investment (FDI) licence that allows foreign investors to hold 100 per cent ownership of their businesses within the Emirate of Abu Dhabi. MSI's Abu Dhabi law member Middle East Alliance provider further insight.

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