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It is the first tax digest of 2025. This edition highlights the most significant updates in UAE and international tax legislation that closed out 2024 and sets the stage for the year ahead.

The procedure for conducting audits of businesses has been amended; individual counter-sanctions measures have been extended with some of them approved as permanent; and the national regime arrangement in procurement has been regulated.

The powers have been extended of the Government Commission on Monitoring Foreign Investment. Laws have been adopted on extensive amendments to legislation regarding public procurement. A charge is being introduced in Russia for distributing Internet advertising.

The mechanism has been extended for suspending the rights of foreign holding companies within an economically significant company; the Government Commission will issue opinions for corporate rights to be suspended within an economically significant company; the list of goods has been expanded for agreements to restrict prices.

The ban has been extended on paying for membership interests in foreign companies without the permission of the Bank of Russia; licensing rules have been approved in the field of foreign trade in goods; the relaxed regulation in the field of the labelling of goods in the new regions may be extended.

The number of specific features of corporate management in subsidiaries of economically significant companies may grow; some anti-crisis measures may be extended; the list of goods for parallel import has been updated.