Benchmarking Study for Transfer Pricing in the UAE
Transfer pricing is now the most severe area for multinational businesses in the UAE. With the enactment of the UAE Corporate Tax Law, companies are now required to ensure that …
Transfer Pricing
Documents Required for Commercial Activity License in Dubai
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 …
UAE Corporate Tax: Transfer Pricing Assessment
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 …
Transfer Pricing in the UAE: A Complete Guide to OECD Compliance and Avoiding Penalties
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 …
Principle of Arm's Length under Corporate Tax in UAE
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 rules UAE
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 …
