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Cryptocurrency

Al Adly & Co > Blog > Cryptocurrency

How UAE Corporate Tax & Other Taxes Impact Crypto Businesses

The UAE corporate tax significantly affects businesses’ cryptocurrency-related activities, while personal investments remain untaxed. The application of the tax depends on whether the activity is classified as a commercial enterprise or a personal investment. Businesses engaging in crypto-related activities are subject to the UAE’s federal corporate tax regime. Tax Rate: The standard corporate tax rate is 0% for…

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Protecting M&A Deals from Inherited Crypto Laundering Risk

Protecting M&A deals from inherited crypto-related money laundering (ML) risk requires robust cyber due diligence and comprehensive integration of AML compliance. Key strategies involve deep technical assessments and adherence to international regulations, such as those set by the Financial Action Task Force (FATF).  Enhanced Due Diligence (EDD): Working beyond the standard financial audits. This includes examining their historical use…

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