These amendments have been in the making for a lengthy period and are well awaited.

According to reports from the UAE government, and as reported in the UAE national press extensively, the federal tax on corporations and business profits will come into effect for financial years starting on or after June 1, 2023.

Gulf co-operation council is the abbreviated form of GCC. It came into force in 1981.

The UAE has long been considered an attractive destination in which to work, live or set up a business. One of the primary reasons for this is the well-known statement that the UAE is ‘tax free'.

In an increasingly globalised economy, businesses often operate across borders, generating income in multiple jurisdictions.

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.

The introduction of the Corporate Income Tax (CIT) in the UAE is not just a new tax policy; it's a tectonic shift in the nation's financial architecture.

If you are operating an onshore or offshore entity in a "no or only nominal tax jurisdiction" (referred to hereinafter as a "noon"), which amongst others, holds shares or licenses

The United Arab Emirates (UAE) is uniquely positioned as a global commercial hub, bridging Asia, Africa and Europe.

This year-end tax report for the Gulf Cooperation Council (GCC) provides an overview of the most significant tax developments in the region under the following three categories:

Federal Decree-Law No. (28) of 2025 introduces targeted amendments to Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses...

The new UK-UAE Double Taxation Convention (the UK-UAE DTC) entered into force on 25 December 2016 and took effect (broadly) on 1 January 2017.

The UAE Federal Tax Authority (FTA) has announced that natural persons conducting business activities with a turnover exceeding AED 1 million in 2024 must register for Corporate Tax by 31 March 2025 to avoid a penalty of AED 10,000.

DTT provides reduced withholding tax (WHT) and a tax relief from non-resident taxation on the transfer of shares listed in the stock exchange.

The Federal Tax Authority (the "FTA") has issued Federal Decree Law No. 47 of 2022 on the Taxation of Corporations and Business (the "CT Law") on December 9, 2022.

Transfer of personal data across borders is an issue that concerns individuals, businesses, regulators and governments. While businesses, particularly data-driven...

For organizations with employees working across borders, it's imperative to know the treaty benefits for cross border employees for effective tax planning. In the UAE...

Since the implementation of Corporate Tax (CT) into the UAE was announced on 31 January 2022, there has been much excitement (good or bad) and curiosity about how it would apply and what it would entail.

The concept of a Jersey Foundation finds its legislative roots in the Foundations (Jersey) Law 2009, enacted to fill a legal and structural gap between common law trusts and civil law foundations.

UAE has emerged as the world capital of late and is becoming the hub for big corporates to shift their headquarters and operate globally.