Finance World Magazine| Edition: March 2024
This month’s edition of the Finance World Magazine focuses on the intricate world of tax and accountancy in the UAE, exploring its profound economic implications. The focus is on understanding how the introduction of corporate tax in the UAE has shaped the business landscape, with a spotlight on its influence across various sectors such as real estate, tourism, and sports. The cover story unveils leading tax and accountancy firms in the UAE, providing insights into their pivotal role amid the implementation of Corporate Tax. Between the pages is an exclusive interview with Nirav Shah, Director at FAME Advisory, who shares valuable insights into the essential skill set required to navigate the challenges and opportunities for businesses in the UAE within this new tax framework. The magazine features articles that explain the significant role of accountancy in facilitating smooth mergers and acquisitions, as well as effective personal finance management. Additionally, the article, "Investment Fund Taxation and the Path to Corporate Tax Exemption in the UAE," serves as an ultimate guide to understanding Investment Fund Tax Exemptions in the region. In alignment with emerging global trends, we bring you an exclusive interview with Malak Fouad, the Creator and host of the 'What I Did Next' podcast and Founder of A&T Media. She shares her journey in establishing the podcast and provides a unique perspective on working with a diverse group of intellectuals. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
This month’s edition of the Finance World Magazine focuses on the intricate world of tax and accountancy in the UAE, exploring its profound economic implications. The focus is on understanding how the introduction of corporate tax in the UAE has shaped the business landscape, with a spotlight on its influence across various sectors such as real estate, tourism, and sports.
The cover story unveils leading tax and accountancy firms in the UAE, providing insights into their pivotal role amid the implementation of Corporate Tax. Between the pages is an exclusive interview with Nirav Shah, Director at FAME Advisory, who shares valuable insights into the essential skill set required to navigate the challenges and opportunities for businesses in the UAE within this new tax framework.
The magazine features articles that explain the significant role of accountancy in facilitating smooth mergers and acquisitions, as well as effective personal finance management. Additionally, the article, "Investment Fund Taxation and the Path to Corporate Tax Exemption in the UAE," serves as an ultimate guide to understanding Investment Fund Tax Exemptions in the region.
In alignment with emerging global trends, we bring you an exclusive interview with Malak Fouad, the Creator and host of the 'What I Did Next' podcast and Founder of A&T Media. She shares her journey in establishing the podcast and provides a unique perspective on working with a diverse group of intellectuals.
Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
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Cover Story<br />
Ali El Naggar, the CEO & Tax Partner of Alliance<br />
Prime, stands at the helm of a dynamic and globally<br />
recognised Accounting and Tax Consultancy.<br />
With a robust presence in the UAE, United Kingdom,<br />
USA, Egypt, and Pakistan, Alliance Prime collaborates<br />
with a diverse range of companies spanning multiple<br />
industries. Boasting more than 20 years of experience,<br />
the consultancy’s in-depth understanding of government<br />
regulations and specific social obligations within each<br />
sector sets them apart.<br />
As a leading Accounting and Tax Consultancy in Dubai,<br />
Alliance Prime is dedicated to assisting business owners<br />
in navigating the ever-changing and complex federal tax<br />
landscape. Their deep comprehension of both local and<br />
international tax laws positions them as trusted advisors<br />
in the industry.<br />
The foundation of Alliance Prime is built on a professional<br />
code of ethics, characterised by honesty, respect,<br />
transparent communication, and strict confidentiality<br />
practices. Their powerhouse team of highly trained experts<br />
upholds these values, ensuring that clients receive<br />
exceptional service, pragmatic solutions, and impeccable<br />
customer service tailored to individual organisational needs.<br />
Alliance Prime prides itself on being a leading Accounting<br />
& Tax Consultancy in Dubai, equipped with qualified<br />
finance professionals and business advisors. Their vision<br />
is to be recognised as the consultancy of choice for corporations<br />
seeking comprehensive and professional financial<br />
and taxation services to meet both quantitative goals and<br />
social responsibilities.<br />
The mission of Alliance Prime revolves around delivering<br />
incomparable professional services while maintaining the<br />
highest levels of competency, integrity, and effectiveness.<br />
They strive to meet the current and future needs of clients,<br />
fostering long-term business success and establishing<br />
trust, loyalty, and respect within their organisation and<br />
the community.<br />
Embedded in the Alliance Prime culture are values that<br />
serve as building blocks, guiding every conversation and<br />
service they provide. Integrity, professionalism, empathy,<br />
and competency are the core principles that allow them to<br />
deliver exceptional support to multinational businesses.<br />
In terms of client distribution, Alliance Prime caters to<br />
35% in the mid-market segment ($10 million to $1 billion)<br />
and 25% in the enterprise segment (exceeding $1 billion).<br />
The consultancy collaborates with industries such as Automotive,<br />
Business Services, Consumer products & services,<br />
Manufacturing, Non-profit, Retail, Supply Chain, Logistics,<br />
Transport, and e-commerce. With a global footprint and<br />
unwavering commitment to excellence, Alliance Prime<br />
continues to be a trusted partner for businesses seeking<br />
unparalleled financial and taxation services.<br />
Fiscal Excellence:<br />
A Spotlight on UAE’s<br />
Tax and Accounting<br />
Consultancy Titans<br />
36 www.thefinanceworld.com <strong>March</strong> <strong>2024</strong>
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