The Cragus Group has been advising mainly international clients on VAT issues since its implementation in UAE. Clients also include regional multinationals requiring advice for VAT implementation, tax due diligence, creating internal tax procedures, tax policies and ongoing supervision. However, the group continues focusing on tax controversy and its key sector of expertise is oil and gas. It has increasing experience in defence, institutional investment, infrastructure and digital industry.
The team assisted a large regional institutional investment company in a VAT and transactional tax matter. This involved assisting the client with VAT implementation, VAT returns, training the client’s team with VAT analysis and ensuring VAT reclamation.
Partner Alex Law is the leader for international and M&A tax for Deloitte in Dubai. He has more than 13 years’ experience advising clients on complex tax advisory regarding compliance for large multinational firms and family offices.
EY has offices in Abu Dhabi and Dubai with more than 280 professionals and six resident partners. The tax team has comprehensive experience advising clients on international tax matters in sectors such as real estate, hospitality, telecommunications and financial services.
KPMG has more than 750 professionals and 50 partners and directors operating out of its offices in Dubai, Abu Dhabi and Sharjah. Clare McColl heads the indirect tax team, and is based in Dubai.
PwC has offices in Dubai, Abu Dhabi and Sharjah. Hani Ashka is the partner leading the UAE offices. The tax practice provides domestic and multinational clients with full tax services.
Stibbe Dubai has been providing tax legal services in the UAE since 2009. It has comprehensive experience assisting institutional investors on their inbound investments into GCC countries. The team has exposure to its international network in Amsterdam, Brussels and Luxembourg to assist on multi-jurisdiction cases for its clients (sovereign wealth funds, corporations, and more). Emile Bongers is the senior tax counsel, based in Dubai, who co-heads the GCC team. He specialises in international and domestic tax, with a focus on fund structuring, M&A, private equity, transactional tax, corporate reorganisation, joint ventures and shareholder structures. Partner Michael Molenaars is the head of tax for GCC. He focuses on domestic and international taxation, M&A, corporate reorganisation, structured finance and investment fund structuring and formation.
The firm recently advised a client in the hospitality business on restructuring its global group structure, which included numerous high-end hotels around the world.