Corporate Tax
Imposition of Corporate Tax in the UAE: Insights from the Latest Corporate Tax Guide
The Federal Decree-Law No. 47 of 2022 is the legislative framework for corporate tax in UAE, this comprehensive law establishes the basis for taxing corporations and their profits. It covers …
Who Must Prepare and Maintain Audited Financial Statements Under UAE Corporate Tax Regulations?
Ministerial Decision No. 82 of 2023 requires taxable persons to prepare and maintain audited financial statements that comply with the International Financial Reporting Standards (IFRS) for tax purposes. To ensure …
UAE's BEPS Success: Corporate Tax Law Brilliance
Base Erosion and Profit Shifting (BEPS) has outlined the corporate tax structure of the UAE to implement and align according to the international standards as projected by the OECD in …
What is the Dependent Agent Test?
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 …
How Does Corporate Tax UAE Apply to Non-Extractive Natural Resources
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 …
