5 days ago
Ajman Bank Hosts Strategic Corporate Tax Seminar to Empower UAE Businesses
Ajman Bank, a leading Islamic financial institution in the UAE, hosted an insightful Corporate Tax Seminar to support Small and Medium Enterprises (SME) clients in navigating the evolving tax landscape. Held in collaboration with MICS, the event underscored Ajman Bank's ongoing commitment to empowering businesses through financial expertise, regulatory awareness, and strategic seminar brought together industry experts, senior banking professionals, and SME leaders for an engaging morning of knowledge-sharing, discussion, and networking. Designed to address the real-time concerns of businesses in light of the UAE's corporate tax regime, the event focused on actionable insights and compliance the attendees, Mr. Faizal Kundil, Head of Consumer Banking at Ajman Bank, emphasised the importance of staying informed amid shifting fiscal policies. He stated, ''In an era where regulatory frameworks are rapidly evolving, particularly with the introduction of corporate tax, it is essential for businesses, especially SMEs, to stay ahead of change. At Ajman Bank, we believe our responsibility as a financial partner extends far beyond banking transactions. We are committed to empowering our clients through strategic insights, expert guidance, and tailored support to help them navigate complexity, ensure compliance, and drive sustainable growth.'The seminar featured expert-led sessions by specialists from MICS, including:• Kinjal Sampat, FCA and Associate Director – with extensive experience from PwC India• Kushal Kumar, CA and Manager – a specialist in transfer pricing and international tax• Prateek Tosniwal – a global subject matter expert on international tax structuringThe presentations covered critical topics such as key filing timelines, tax reliefs, documentation requirements, allowable deductions, and essential financial and non-financial disclosures. The seminar also featured a live Q&A session, where attendees addressed specific concerns directly with the the session, Mr. Jyoti Ranjan, Head of Business Banking at Ajman Bank, extended his appreciation to all participants and speakers. He said, 'Ajman Bank is proud to serve as a strategic ally to our SME clients, helping them stay ahead of regulatory changes and supporting their long-term growth journey.'The seminar concluded with a networking lunch, offering attendees the chance to engage with peers and speakers in an informal setting.
Ajman Bank continues to strengthen its role as a trusted advisor to the SME sector, providing not only financial solutions but also business intelligence and thought leadership as part of its holistic approach to client success.
