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

The UAE's Federal Tax Authority (FTA) recently released a guide in August 2023 that will help navigate the Corporate Tax Registration of juridical persons.

The UAE Ministry of Finance (MoF) issued the first-ever Transfer Pricing Guide (TPG) on October 2023 to provide general guidance on the Transfer Pricing regime.

The Abu Dhabi Global Market (ADGM) Registration Authority has issued Final Notices imposing financial penalties on certain registered companies with them and their directors for failing to comply...

In a landmark ruling in the case of Hyatt International Southwest Asia Ltd. (Hyatt), the Supreme Court has held that a foreign company can be considered to have a Permanent Establishment...

As the UAE positions itself as a global hub for innovation and digital assets, Anti-Money Laundering (AML) compliance has become a cornerstone for trust and sustainability in crypto-related financial services...

Transfer Pricing (TP) refers to the pricing of transactions between related entities within the same multinational enterprise (MNE) group. Since tax rates vary across countries, MNEs have an incentive to structure their transfer prices to minimize the group's overall tax liability.

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...

The long wait was finally over on 9 December 2022, when the UAE Federal Tax Authority (FTA) released the final version of the UAE Corporate Tax (CT) law (hereinafter referred to as the law)...

The Ministry of Finance has issued Ministerial Decision No. 229 of 2025, replacing Ministerial Decision 265 of 2023 on Qualifying and Excluded Activities for the purposes of claiming the benefits of Qualifying Free Zone Person (QFZP) regime.

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The Federal Tax Authority (FTA) has introduced amendments effective 1 January 2026 to the following...

In an era marked by unprecedented technological advancements and rapidly evolving business landscapes, the world of M&A is undergoing a profound transformation.

Transfer Pricing ("TP") provisions were introduced in the UAE along with the Corporate Tax Law. Article 34 of the Corporate Tax Law requires that transactions or arrangements...

FTA issues Public Clarification on Valuation for Supply-Barter Transactions and Application of the Reverse Charge Mechanism on Precious Metals and Precious Stones between Registrants in the State for the purposes...

On 19 May 2025, the UAE Federal Tax Authority (FTA) issued Decision No. 5 of 2025, outlining new compliance requirements for:

The guide clarifies that these entities would be treated as juridical person and corporate tax would apply like any another tax payer.

The Federal Tax Authority has recently issued a Public Clarification on the Amendments to the Executive Regulation of Federal Decree-Law No. 8 of 2017 on Value Added Tax - Cabinet Decision No. 100 of 2024.

Convertible securities emerged during the nineteenth century in the U.S. This was during a period in which securing capital in a swiftly expanding nation posed several difficulties...

This standard sets out the procedures that an entity must follow when it adopts International Financial Reporting Standards (IFRS) for the first time as the basis...