Deloitte Expands Leadership Team with 32 New Partners in the Middle East
Deloitte has bolstered its leadership team in the Middle East, with women accounting for 31% of the new partner promotions.
2 min
Deloitte, the largest professional services network globally, has expanded its leadership team in the Middle East by admitting 32 new partners on June 1, 2024. This follows the addition of 23 lateral hire partners over the past 11 months.
Mutasem Dajani, CEO, Deloitte Middle East, said: “Expanding our leadership team is a reflection of the growth we are seeing across our region. As the Middle East undergoes rapid transformation across several sectors, our new partners will enable us to meet the increasing market demand. With their expertise in areas such as technology, including AI and Cyber, human capital, hospitality, and consumer, our new generation of leaders will support our clients in critical ways to address their needs.”
To continuously create exceptional and memorable development experiences to grow its people for undisputed leadership in the marketplace, Deloitte has recently launched Deloitte University EMEA in Paris. Deloitte University EMEA in Paris represents an investment in the people at Deloitte, with a curriculum focused on leadership, professional skills and industry driven.
Rana Ghandour Salhab, People and Purpose Partner, Deloitte Middle East, said: “Diversity, Equity and Inclusion remain a strategic priority for our organization. With over 31% of our newly promoted partners being women, we continue to set concrete diversity targets and are proud that more and more women are assuming Deloitte leadership roles in the Middle East. We continuously enhance our flexible work programs and learning and development opportunities to allow our employees to have outstanding careers, with mentoring, allyship and sponsorship programs beneficial to all while tailoring some for women at different stages of their lives and careers.”
Deloitte Middle East continues to be a purpose-driven organization aiming to add value for its people, clients and wider society. Deloitte has been recognized by Great Place to Work® and Fortune magazine as the #7 best place to work on the World’s Best Workplaces™ 2022 list and made it on the top 20 Best Workplaces in the UAE and KSA in 2023, the most recent list.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
Compliance with these deadlines is crucial to avoid administrative penalties.
2 min
The UAE’s Federal Tax Authority (FTA) is urging Corporate Taxpayers to adhere to submission deadlines to avoid fines. Specifically, Resident Juridical Persons with licenses issued in May (regardless of the year) must submit their Corporate Tax registration applications by July 31, 2024, in line with Federal Tax Authority Decision No. 3 of 2024.
This decision aligns with the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses and its amendments, effective from March 1, 2024. The FTA stresses the importance of meeting these registration deadlines, which have been communicated through various media channels and direct outreach to registered company owners in the UAE.
Utilizing the EmaraTax Platform
Compliance with these deadlines is crucial to avoid administrative penalties. The deadlines apply to both juridical and natural persons, including Resident and Non-Resident Persons in the UAE. Detailed information on these deadlines and other relevant issuances can be found on the FTA’s official website.
According to the FTA’s Public Clarification, Resident Juridical Persons established or recognized before March 1, 2024, must submit their tax registration applications based on the month their license was issued. Those with expired licenses as of March 1, 2024, should submit their applications based on the original issuance month. For those holding multiple licenses, the earliest issuance date applies.
Administrative penalties for corporate tax violations have been in effect since August 1, 2023. To facilitate the registration process, taxpayers must use the “EmaraTax” digital platform, available 24/7, or seek assistance from accredited tax agents and government service centers.
The FTA has also emphasized the importance of providing accurate information and submitting updated supporting documents correctly with the electronic registration application, noting that registering for Corporate Tax for a juridical person requires uploading various documents, including the commercial license, the Emirates ID card, the passport of the authorized signatory, and proof of authorization for the authorized signatory.
A comprehensive video explaining the registration process through the “EmaraTax” platform is available on the FTA’s website. This platform, designed according to international best practices, aims to streamline the registration journey, submission of periodic returns, and payment of due taxes for all UAE taxpayers.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
