CT Exemption Norms for Real Estate Investment Trusts
Investment funds, including Real Estate Investment Trusts (“REITs”), are exempted from the UAE Corporate Tax. The Federal Decree-Law No. 47 of 2022 on the Taxation... Read more.
UAE Corporate Tax: An Introduction to Transfer Pricing Assessment
Given the status of the UAE as a global hub of Multinational Enterprises (MNEs), the concept of transfer pricing assumes paramount importance. Transfer prices refer... Read more.
When is the Comparable Uncontrolled Price Method most ideal?
As the UAE is now governed by corporate tax law, companies need to ensure that the goods and services sold between its divisions in a cross-border transaction are... Read more.
UAE Corporate Tax: Additional Conditions for Qualifying Investment Funds
The UAE Ministry of Finance has released Cabinet Decision No. (81) of 2023 providing additional conditions for Qualifying Investment Funds under the Federal Decree-Law... Read more.
UAE Corporate Tax: List of Violations & Penalties
The UAE Cabinet has issued the Cabinet Decision No. (75) of 2023 which lists the violations and penalties related to corporate tax. As per the new Cabinet Decision,... Read more.
Key takeaways from new Decision on UAE Tax Procedures Law
The Federal Decree-Law No. 28 of 2022 on Tax Procedures (“Decree-Law”) and its Executive Regulation govern the tax procedures in the UAE. The Ministry of Finance... Read more.
What are the Pros & Cons of Forming a UAE Corporate Tax group?
As corporate tax in the UAE has become effective, businesses that fall under its scope need to register for corporate tax and file an annual return. Forming a corporate... Read more.
UAE Corporate Tax: Do All Taxable Persons Need to Have Books of Accounts Audited?
The UAE corporate tax law states that the Minister of Finance may issue a decision explaining the types of taxable persons who need to prepare and maintain audited... Read more.
Corporate Tax Decisions: Determining a Non-Resident Person’s Nexus in UAE
The Ministry of Finance has released the Cabinet Decision No. 56 of 2023, clarifying the conditions for determining a Non-Resident Person’s Nexus in the UAE. The... Read more.
VAT in UAE: How do Tax Agents help you Ensure Compliance?
Taxable persons hire tax agents in the UAE to ensure they are meeting all the regulatory requirements mandated by the Federal Tax Authority (FTA). As per Federal... Read more.
