The UAE government finally issued the Corporate Tax legislature through the Federal Decree-law no. 47 which principally oversees the tax activity of businesses and enterprises in the UAE. The corporate …
Read MoreHow Does Corporate Tax UAE Apply to Non-Extractive Natural Resources
The corporate tax UAE regime’s treatment of unrealized profits and losses is outlined in section 5.2 of the Corporate Tax Public Consultation Document. Registered businesses are advised to avail of …
Read MoreHow does UAE corporate tax deal with unrealized business gains and losses?
As per the UAE corporate tax partnership are broadly categorized into two forms, this includes foreign and regional partnerships. Further, regional partnerships are expanded into incorporated and unincorporated coalitions. Therefore, …
Corporate tax UAE furnish provisions to form and manage Tax Groups. Thus, it is imperative to seek the expert services of accredited tax consultants in the UAE to seamlessly establish …
Read MoreWhat are tax groups and when can they be formed under UAE corporate tax?
Through the issuance of the latest UAE Corporate Tax Law, the Organization for Economic Co-Operation and Development (OECD) model was affected. Hence, the introduction of transfer pricing, as well as …
Read MoreCompanies Transfer Pricing in the UAE: According to the New Corporate Tax Law
According to the federal decree law no. 47 governing corporate tax in UAE, corporate tax will not apply to a “qualifying public benefit entity” in UAE. The legislation has put …
Read MoreHow does Corporate Tax Apply to a Qualifying Public Benefit Entity?
The permanent establishment concept evaluates a person’s taxability; it refers to a fixed workplace in a foreign country which imposes tax obligation upon the taxable person. Hence, it is essential …
Read MoreWhat is the dependent agent test under corporate tax UAE?
The government of UAE has issued the legislation of Federal decree law no. 47 on December 9, 2022, making the implementation of corporate tax next year a must. Corporate tax …
The latest Federal Law No. 47 of 2022, governing the UAE Corporate Taxes operation was issued on the 9th of December, 2022. The recent statute confers that any individual or …
Read MoreAre Investment Fund Businesses Exempt from Corporate Tax UAE
Recently, the UAE government issued the Federal Decree-Law No. 47 of 2022 on the Taxation of Enterprises and Firms (hereafter known as the “Corporate Tax Law”). For financial years beginning …
