Regulatory Note™
India taxes foreign companies at 35%; domestic subsidiaries can elect 22%
The rate for foreign companies and branches fell from 40% to 35% from FY 2024-25; a domestic subsidiary can choose 22% under section 115BAA.
/ 01CORRIDOR INTELLIGENCE3 ITEMS
India ↔ GCC intelligence.
What changed on India ↔ GCC, who it affects and what to examine next, with the sources behind every note.
Related Circuit Sessions are on the Annual Calendar. Places follow the Circuit's own rules; following this corridor does not reserve one.
Regulatory Note™
Saudi government contracts require a regional headquarters in the Kingdom
Since 1 January 2024, Saudi government entities may not contract with multinationals whose regional headquarters is outside Saudi Arabia, with narrow exceptions.
Regulatory Note™
UAE corporate tax: what a free zone licence does and does not change
Corporate tax is 0% up to AED 375,000 and 9% above it; free zone companies pay 0% only on qualifying income, and only while they meet the conditions.