Essentially, taxable persons are required to comply with the Arm’s Length Principle in business transactions for corporate tax purposes. As per the latest Explanatory Guide, the taxable income of taxable
Transfer Pricing
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
A commercial Activity license in Dubai grants individuals or businesses legal authorization from the Department of Economic Development (DED) to engage in the buying and selling of goods and the
Transfer Pricing assessment has become an important aspect of corporate tax compliance in the United Arab Emirates (UAE), following the introduction of UAE Federal Decree-Law No. 47 of 2022. Transfer
The MoF (Ministry of Finance) declared on January 31, 2022, that a federal Corporate Tax will be implemented on commercial earnings in the UAE beginning from June 1, 2023. Ever
