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).

As per our Article published regarding Corporate Tax in the UAE and our Interview on Corporate tax which is available at the following: What will Corporate Tax look like for companies, we stated corporate tax was coming and can now confirm with absolute certainty, will be effective from 1 June 2023.

Transfer Pricing (TP) is a set of rules that govern intercompany transactions and how they are treated from a corporate income tax point of view.

The UAE has long been known as a tax-free Country, attracting investors and entrepreneurs from around the world.

The Federal Tax Authority (FTA) recently issued a detailed Corporate Tax Guide on Small Business Relief (SBR). The summary of the same is captured...

As expected, United Arab Emirates (UAE) have announced the introduction of Corporate Income Tax on 31 January 2022.

As expected, United Arab Emirates (UAE) have announced the introduction of Corporate Income Tax on 31 January 2022. As a signatory to the Two Pillar package driven by the Organization...

In these times life without Netflix or Google Drive is hard to imagine, right? Accessing your all-time favorite movies from wherever you are to whenever you need ...

The UAE has long been known for its business-friendly environment, characterized by a lack of corporate and personal tax.

The UAE has long been known for its business-friendly environment, characterized by a lack of corporate and personal tax.

The UAE introduced a Corporate Tax (CT) framework for the first time as of 1 June 2023, marking a significant shift in its economic policy.

From 1 July 2023 the UAE will introduce its first ever federal corporate income tax, effective across all seven individual Emirates. Most UAE companies have little experience of corporate income taxation but time is now short.

Discover how businesses and individuals can benefit from UAE's tax-free income opportunities through qualifying free zone status, exempted entity classifications, and specific income streams that remain outside the scope of corporate taxation. Learn the precise conditions and requirements that determine eligibility for 0% tax treatment in the Emirates.

For years, pricing between group companies in the UAE was more about practicality than policy. That approach has changed quickly and decisively. Today, the context of transfer pricing in the UAE is no longer limited to tax teams.

The UAE has long been perceived as an efficient hub for regional and international group structures with low tax rates. However, it's time to recalibrate that perception.

The United Arab Emirates' (UAE) transition from a historically tax-neutral jurisdiction to an active taxing regime marks a significant shift in its international tax profile. With the introduction of corporate tax...

Article 55 of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses states that Taxable Persons are required to file together with their Tax Return...

In recent years, the United Arab Emirates (UAE) has undergone significant developments in its fiscal landscape, most notably with the introduction of a Corporate Tax (CT) regime.

Corporate Tax is a form of direct tax levied in over 90% of the countries across the world.

From 1 July 2023 the UAE will introduce its first ever federal corporate income tax (CIT), effective across all seven individual Emirates.