Pepeliaev Group opens its Middle East Desk with an office in Dubai
Maria Nikonova comments: “The market of the Middle East is developing at great pace. Low tax rates, the possibility to set up a company in free economic zones (following the UAE, the Kingdom of Saudi Arabia has also recently announced such possibility) and a rapidly growing economy make this region attractive for both Russian business and companies from most former Soviet countries.
We see our mission as to become a reliable partner for our clients when they enter the Middle Eastern market, ensuring at the same time the professional quality and care that they expect from us. Our lawyers provide tax consulting and support by themselves, which allows us to control the quality and speed of our services. In ancillary services (such as the registration of a legal entity, corporate, employment and IP-related issues), we are cooperating with local law firms and choose the best offer for our client.
It is a great challenge and honour for our team to support our clients on their way to global markets.”
Sergey Pepeliaev, Managing Partner of Pepeliaev Group, commented as follows: “The UAE is a dynamic jurisdiction. The country's tax system is in its making. It faces a path that Russia has travelled for the past thirty years. We know it very well since we have paved it ourselves. So we plunged deeply into UAE tax law and have grasped it even better than some local advisors. We have also checked our expertise in practice. We are helping not only Russian companies in this market but also local clients. This is what I call a good export of our experience!”