Nigeria, like other nations, has rules and regulations governing the operation of corporate entities in the country. A foreign entity intending to do business in Nigeria is required by the Companies and Allied Matters Act (CAMA) to incorporate a Nigerian company for that purpose. Branch operations or offices of foreign companies are not allowed in the country except in...
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Articles & Analysis | Nigeria's tax framework and its implications for businesses from The Report: Nigeria 2015
In conjunction with PwC, OBG explores the taxation system. There is also a viewpoint from Taiwo Oyedele, Partner and Head of Tax and Regulatory Services, PwC Nigeria, on the need for reforms to streamline the tax system.
Fresh from a rebasing exercise in April 2014 that boosted 2013 GDP by 89% to $509.97bn, Nigeria now ranks not only as Africa’s most populous country, but also as its largest economy. It has long played an outsized regional role, making up 76% of West Africa’s GDP and around 60% of its population.
Articles & Analysis | Tax regulations in Qatar from The Report: Qatar 2015
The current tax rules in Qatar are governed by Law No. 21 of 2009, which came into force with effect from January 1, 2010. The executive regulations, effective from July 1, 2011, contain the detailed rules related to the administration of the tax regime. The Public Revenues and Taxes Department (PRTD) also issues circulars from time to time to...
Interviews & Viewpoints | Stephen Anderson, Managing Partner, PwC Qatar, on the state’s focus on delivery and value from The Report: Qatar 2015
This has been another turbulent year for the region, with the dramatic decline in oil prices and continued geopolitical instability on the GCC’s borders. Making predictions on oil prices can often be a fool’s errand. As recently as November 2014, the consensus price for the end of 2015 was around $95-100 per barrel, and I am sure many of us...
Articles & Analysis | The Qatar Financial Centre offers wide-ranging incentives for investors from The Report: Qatar 2015
The Qatar Financial Centre (QFC) was established in 2005 with the ambitious aim to attract financial institutions and multinationals to establish businesses in international banking, financial services, insurance, corporate head office functions and related services. Consistent with Qatar’s drive to diversify its economy, the QFC has now...