Benson Formations

Why is Dubai in a league of its own?

Without the doubt, Dubai is not just a strong brand, but in a league of its own. Take for instance the global real estate market where Dubai is a key player. The city’s prime residential market is experiencing robust growth, with property values rising approx. 6.8% and rents growing by a record-breaking approx. 23.5% in […]

Tanzania

From Tanzania with love

I wake up to a sunny morning in Dar es Salaam, the six-million-strong coastal metropolis of Tanzania, and soak in the atmosphere of the last day before flying back home to Dubai. Why am I here? Last year, we added six African countries to our website, where we began offering our services to ambitious entrepreneurs […]

Corporate tax in Luxembourg (Update 2025)

In our earlier overview of Luxembourg’s corporate tax system, we outlined the rates applicable through 2024. With effect from tax year 2025, Luxembourg has reduced its corporate income tax (CIT) rates by one percentage point, further strengthening the country’s position as a leading European business and financial hub. The fundamentals remain unchanged: corporate residents are […]

Dubai real estate market in 2025

Dubai’s real estate market is expected to stabilise in 2025, with rent increases remaining steady, but slowing down in comparison to 2024. This trend is attributed to an abundant supply of over 72,300 new residential properties this year, an increase of 171 per cent to the previous year. Areas like Jumeirah Village Circle (JVC), Mohammed […]

Oman delays personal income tax (Update)

As mentioned in our previous article on 18 July 2024, Oman is set to become the first Middle East country to launch personal income tax, originally from January 2025, however its launch has been postponed to approx. 2026 due to the need for further analysis. Oman has recently issued a new draft of PIT with […]