Jitendra Chartered Accountants Blog

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 No. (47) of 2022 on the…

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, the Federal…

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 recently released the Cabinet…

Carrying out comparability analysis is at the core of the application of the arm’s length principle (APL). Applying the arm’s length principle is based on the comparison of the conditions…

With the introduction of corporate tax from June 1st 2023, transfer-pricing rules have become critical for UAE businesses carrying out intra-group cross-border transactions. Transfer pricing kicks in when goods or…

Businesses conducting intra-group cross-border transactions need to consider the arm’s length principle while determining the transfer prices. The arm’s length principle requires MNEs to treat their members as separate entities…

Comparability analysis is the foundation of transfer pricing. The arm’s length principle is founded on the comparability between a transaction controlled by two entities belonging to the same multinational group…

A comparability analysis is a crucial step in transfer pricing, a practice used to determine the pricing of transactions between related entities, such as subsidiaries of the same multinational enterprise…