CEO’s Welcome Statement

AVRAAM (MIKKOS) KAPIRI – CEO EXSUS Welcome to all my fellow colleagues, associates, clients and dear friends.  We have finally achieved the rebrand of our Company Exsus and raised a new and fresh website for you to enjoy. With great pride in my teams in the UK, Cyprus and the UAE, I wish to take…

G20 ministers endorse ‘historic’ global deal to tax multinationals

G20 finance ministers on Saturday gave their backing to a “historic” global deal to tax multinational companies more fairly and urged hold-out countries to sign up. A framework for international tax reform, including a minimum corporate rate of 15%, was agreed this month by 131 countries. But the endorsement by the 19 biggest economies plus the European Union will help ensure it becomes a reality following years…

VAT to be introduced by Gulf states

VAT to be introduced by Gulf states GCC agreed to impose 5% VAT by 2018. However, this decision must be further approved. The UAE Ministry of Finance also mentioned that some services will be exempt from VAT such as education and health care. UAE estimates around Dh 10 to 12 billion revenue for the first…