KEELPARTNERS
Services
Industries
Markets
Insights
About
Results Contact عربي Book a briefing

Insights

Glossary

The MENA and Europe terms that trip up cross-border teams.

In short

The MENA and Europe terms that trip up cross-border teams.

Terms

Glossary

TermWhat it meansWhy it matters
Mainland vs free zoneTwo licensing regimes in the UAE with different ownership, tax and invoicing implicationsDecides who you can invoice — the single most consequential early choice
EBPEssential Benefits Plan — the entry-level mandatory health cover product under Dubai's DHA rulesSets the floor for lower-income employees, not the ceiling for your design
DHA / DOHDubai Health Authority and Abu Dhabi's Department of HealthTwo different mandatory health cover regimes for one country
TPAThird-party administrator — administers claims on a carrier’s behalfGenerally paid by the carrier, which shapes whose interests it serves
EOSBEnd-of-service benefit, or gratuity — statutory termination entitlementAccrues from day one; usually disclosed rather than funded
QFZPQualifying Free Zone Person — the conditional 0% corporate tax statusConditional, and generally does not extend to mainland service revenue
SaudisationLocalisation quotas for Saudi nationals in the private sectorShapes org design in a Saudi entry, not just compliance reporting
LSALocal service agent — required for some UAE professional licencesNot the same as local ownership; an annual cost, not an equity holder
Modified LehmanTiered success-fee scale used in M&AThe standard reference point when negotiating deal fees
PMIPost-merger integrationThe hundred days in which most lower mid-market deal value is won or lost

Next step

Book a 30-minute briefing

No deck, no pitch. Bring one decision you are stuck on and we will work it through.

Book Email