UAE holds a distinct position in the world for its strategic location, which gives it a competitive advantage and serves as the biggest trading center in the Middle East. UAE acts as a regional headquarters for various multinationals owing to the favourable tax systems, investment-friendly laws and incentives, state-of-the-art infrastructure, stable government, and availability of international talent.
Newer initiatives such as Long-term Visas, 100% Ownership in Mainland, and the World Expo 2020 showcases the government’s intent to invest in global businesses and state-of-the-art technologies. These developments attract many multinational companies to the region to expand their businesses and will help them capitalize on the plethora of opportunities available in the region.
UAE is home to 45 Free Zones which are dedicated to various industries and sectors including two of the largest Financial Free Zones in the region – Dubai International Financial Center (DIFC) and Abu Dhabi Global Market (ADGM). These Financial Free Zones host the Top International Banks and Financial Institutions, and is a burgeoning hub for Fintech operations globally.
Nexdigm understands the needs of growing businesses and tailors solutions to meet your unique business needs. We share our deep domain and industry knowledge with clients across all industries. As an end-to-end professional services provider, we advise clients of all sizes on matters related to strategic projects, expansion plans, and managing on-going operations.
Our expertise in handling various compliances globally enables us to leverage experience in navigating newer developments in the regulatory landscape of UAE and the larger GCC region.
We recognize the needs of global businesses as varied, requiring not merely solutions, but holistic integrated solutions. With the help our global network and local experts, we provide services that address all aspects relevant to a business from conceptualization to implementation and continuance.
Transition to the new paradigm of business with the support of subject matter experts who help you Think Next!
what's new
Nexdigm consistently produces thought leadership, publications and updates on the latest developments in the world of business. We strive to provide the information that matters most to professionals across the globe.
Corporate Tax Registration of Juridical Persons
The UAE’s Federal Tax Authority (FTA) recently released a guide in August 2023 that will help navigate the Corporate Tax Registration of juridi...
UAE Corporate Tax: ‘Qualifying Income’ Clarified
The UAE Corporate Tax (CT) Law has been implemented effective 1 June 2023. The CT law that was first released in December last year has a spe...
Key considerations for obtaining Tax Registration Number (TRN)
The UAE Corporate Tax law would be effective from 1 June 2023. Corporate Tax shall be imposed on a taxable person at the rate of 9%, subject to cer...
10-Step Checklist for UAE Corporate Tax Implementation
Review of accounting policies and financial statements to ensure they are aligned with the best practices.
Review Group Structure. Assess...
Substance and Value Creation: Important pillars of the UAE CT Regime
The Organization for Economic Co-operation and Development (OECD) has played a key role over the last decade or so with the introduction of key ...
Investing in Manufacturing – Top Investment Destinations in Asia
Global markets today are becoming more interconnected with liberalized trade policies, growing access across countries, and increasing bilateral ag...
Free zone companies free of Corporate Tax?
UAE makes an attractive investment destination for foreign investors, largely due to its favorable geographical location, economic and political ...
Summary of UAE Corporate Tax and Transfer Pricing Law
The long wait was finally over on 9 December 2022, when the UAE Federal Tax Authority (FTA) released the final version of the UAE Corporate Tax (...
Summary of Public Consultation Document issued for UAE Corporate Tax
On 31 January 2022, the UAE Ministry of Finance announced the introduction of Federal Corporate Tax (CT) in UAE w.e.f. 1 June 2023. While the UAE...
UAE Introduces Corporate Income Tax
As expected, United Arab Emirates (UAE) have announced the introduction of Corporate Income Tax on 31 January 2022. As a signatory to the Two Pi...
Are you compliant with FATCA/CRS regulations in UAE?
Foreign Account and Tax Compliance Act (FATCA) is a US legislation that aims to combat tax evasion by US persons. In 2010, the US enacted FATCA ...
Intangible Asset Valuation – Valuing Customer Relationships
Intangible asset valuation is a complex process. Though these assets do not have any physical substance, they are at the heart of any ...
From cost arbitrage to core value drivers: Setting up a successful GCC
Global Capability Centers (GCC) have evolved from cost generators to strategic business enablers and value generators. During the initial stage, th...
Setting up Enterprise Analytics in 2022
Advanced Analytics, which includes Predictive Techniques, Machine Learning, and Artificial Intelligence, is leading the next wave of disruption. Us...
What business leaders need to know before setting up Enterprise Analytics in 2022
Artificial Intelligence (AI) is the buzzword nowadays. Organizations across the globe are pouring investments worth billions of dollars into data...
Enterprise Analytics 105 – The Feedback Loop
Amazon started as an online bookstore, and now, it has revolutionized the retail ecosystem completely. Netflix started as a DVD rental store, and n...
Enterprise Analytics 104 – Insights to Action!
Is the buzz around analytics dwindling? Once hyped as the gamechanger for every enterprise, is analytics letting businesses down now? While investm...
Enterprise Analytics 102 – People Matter!
As a generation growing up on science fiction, AI vs. homo sapiens always seemed like a near possibility. (hint – The Matrix). Will this be the n...
Enterprise Analytics 101 – Think Next!
Netflix uses its recommendation systems to keep you hooked. Uber uses real-time analytics to match you with fitting co-riders. Apart from these, on...
Healthcare Supply Chain Excellence
In our podcast series, Healthcare...
Tax Podcast
EP:07 UAE Corporate Tax and Transfer Pricing
The UAE Corporate Tax and Transfer Pricing implementation requires an in-depth ...
Women In Technology
Our Women in Technology Podcast Se...
Healthcare Compliance – Avenues for Value Transfer
Pharmaceutical and medical device companies (collectively, ‘Healthcare Companies’) fulfill a critical role in facilitating public health. The qu...
What business leaders need to know before setting up Enterprise Analytics in 2022
Artificial Intelligence (AI) is the buzzword nowadays. Organizations across the globe are pouring investments worth billions of dollars into data...
Valuation of MNCs’ Captive units in India
Captive units have been a popular operating model among large global organizations, given their cost-effectiveness. About 1600 international firm...
A Snapshot of UAE’s Economic Substance Regulations
The UAE introduced the Economic Substance Regulations (ESR) to restrict harmful tax practices, largely in line with Action Plan 5 of the BEPS Pr...
FATCA and CRS Reporting for Calendar Year 2020 due in June 2021
Foreign Account Tax Compliance Act (FATCA) is a US legislation that requires Financial Institutions (FIs) to report information on financial accounts ...
TP Courtroom Around the World | 2020
We are pleased to present Nexdigm’s annual publication ‘TP Courtroom’ for 2020. This is our second edition that analyzes the findings of key jud...
A Roadmap to ERP Implementation
ERP has become imperative for the growth of an organization as it allows smooth integration of all the business processes and offers a holistic soluti...
Introduction of the Data Protection Law 2020 in DIFC
With rising concerns over the free movement of Personal Data and the minimal rights in place to protect the movement of data, a number of countries ha...
Intra-Group Financing – Unraveling Transfer Pricing Expectations
Financial transactions are often the most extensive and material transactions within multinational groups. These transactions are central to financing...
VAT in Oman
The Oman Government has published the VAT law in the official Gazette on 18 October 2020. Oman is the fourth GCC country to implement VAT after KSA, U...
An overview of Distribution Business under UAE’s Economic Substance Regulation
The United Arab Emirates (UAE) introduced ‘Economic Substance Regulations’ (ESR or the Regulation) in April 2019. The primary objective of the Reg...
Events
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25May
2021New Age Selling: A customer-centric approach to sales using AI
This webinar explores the role of analytics in driving sales transformation and the key challenges faced by sales leaders within an organization.
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24Nov
2020Diversify to Differentiate – Think India, Think Next! – Success Showcase
This webinar covers advantages and key considerations, regulatory reforms, and incentive programs that have affected investing and FDI in India.
what people say
"We partnered with Nexdigm to help us transition into for what is known as the biggest change in which the business is conducted in the region. The expertise of Nexdigm team in the area of taxation is exceptional, with an in-depth knowledge of VAT impact on the business as a whole and their recent experience of driving another complex tax change in India, they helped us steer through the intricacies of VAT implementation.
We are happy with Nexdigm’s flexible and partnering approach towards work. They have demonstrated their belief in building long-term relationships and I look forward to work with Nexdigm."
Satish Cheemalakonda
Finance Business Partner Middle East & South Asia
Rolls-Royce Marine
"The Nexdigm team provided considerable support to us in preparing the monthly accounts and management report. They advised and supported us efficiently in matters related to the UAE VAT compliances. The team went beyond agreed scope of work and was invariably prompt to respond effectively to any challenge, which resulted in building up a good working relationship between us. As a result, we look forward to engaging with Nexdigm for our future projects."
Marc Tohme
Founding partner - Emerging Markets Capital Partners
UAE
" Their quality of service is of the highest standard. The team has been an excellent support in proactively managing compliance well within the deadlines. The firm has an attitude of a partner rather than of a service provider and has demonstrated this by performing services beyond the scope of commissioned work based on requirements that emerge from time to time. This reduced our administrative burden and enabled us to focus on our core business. We look forward to a lasting relationship with Nexdigm."
Khenneth Ebrahim
CFO
Tilad Investment Company Ltd
"The Nexdigm team has performed beyond our expectations and the potential efficiencies on the MyAirops implementation have now been realized and more. The implementation would not have been successful if it were not for Nexdigm's design documentation and detailed testing. The design was thoughtful, well documented, and thoroughly communicated to the developers. The team’s testing feedback was critical in eliminating bugs and building financial controls into the new software. Our partnership has improved cycle processing times, reduced costs, and enhanced financial controls."
Daniel Balestriere
Financial Controller
Gama Aviation
