The Federal Tax Authority (FTA) has issued a comprehensive guide on "Determination of Taxable Income," which provides an overview of the adjustments required to be made to the accounting...

The Gulf Cooperation Council ("GCC") countries, traditionally known for their low-tax environments, have undergone significant transformations in their tax regimes...

In July 2024, the Federal Tax Authority ("FTA") published a Corporate Tax ("CT") Public Clarification on the first Tax Period of a juridical person ("Public Clarification").

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation...

The UAE has recently introduced the corporate tax law, reshaping the nation's fiscal landscape. This comprehensive article focuses on free zone persons—juridical entities within free zones...

The UAE's corporate tax regime requires businesses to register with the Federal Tax Authority and assess their profits for tax liability.

Transfer pricing is a critical aspect of international business operations, especially for companies operating across borders, such as those engaged in UK-UAE transactions.

UAE makes an attractive investment destination for foreign investors, largely due to its favorable geographical location, economic and political stability, progressive business regulations, and diverse talent pool.

UAE makes an attractive investment destination for foreign investors, largely due to its favorable geographical location, economic and political stability, progressive business regulations...

The UAE Federal TaxAuthority (FTA) has recently issued Public Clarification CTP011¹, setting out its position on downward transfer pricing (TP) adjustments made by a Taxable Person in the Corporate Tax Return, along with the disclosure and documentation expected to support such adjustments.

The UAE has developed a sophisticated tax system that mirrors established financial centers while maintaining competitive advantages. This analysis examines how the Emirates' approach to corporate taxation, VAT, and business structures compares with traditional onshore jurisdictions, revealing both strategic alignments and key differentiators that position the UAE uniquely in the global tax landscape.

Federal Decree-Law No. 17 of 2025 introduces targeted but significant amendments to the UAE's tax administration framework as set out in Federal Decree-Law No. 28 of 2022.

In late June 2025, the United Arab Emirates ("UAE") Ministry of Finance ("MoF") released official and updated guidance on the Mutual Agreement Procedure ("MAP"). A MAP is a treaty-based framework that enables taxpayers to resolve double...

We highlight below a few key attributes of intangibles from a Transfer Pricing ("TP") perspective.

Saudization, officially known as the Saudi nationalization scheme, is a workforce nationalization program in the Kingdom of Saudi Arabia that is designed to attract Saudi nationals to-wards the private sector.

On 09 December 2022, the United Arab Emirates (UAE) implemented Federal Decree-Law No. 47 of 2022, commonly referred to as the Corporate Tax (CT) Law.

The Ministry of Finance has announced amendments to the existing Ministerial Decision No.125 of 2023 on tax groups for the purpose of Federal Decree-Law No. 47 of 2022 ('UAE CT law') through the issuance.

The FTA has updated the format of the UAE Corporate Tax return, which now has a specific portion on Transfer Pricing (TP) related disclosure. This article gives an overview and highlights critical items in the said portion.

The UAE Corporate Tax Law (CT Law) is effective for any financial year beginning on or after 1 June 2023 (i.e., for a company following calendar year...

The UAE Corporate Tax Law (CT Law) is effective for any financial year beginning on or after 1 June 2023 (i.e., for a company following calendar year, the first tax year would be 1 January 2024 to December 2024).