Corporate tax became a mandatory requirement for UAE businesses following the introduction of Federal Decree–Law No. 47 of 2022. For a new business, timely Corporate Tax Registration would play a dual role: it helps them avoid penalties and confirms their legal status before the Federal Tax Authority (FTA). A registered business gets its Tax Registration … Read more

UAE Corporate Tax was initiated under Federal Decree-Law No. 47 of 2022 and Cabinet Decision 34 of 2023, and it brings with it a new horizon for investment managers in the region. The law balances competitiveness with global transparency while assuring clarity to local and foreign investors alike.Under the Corporate Tax UAE regime, businesses in … Read more

The UAE published Federal Decree-Legislation No. (47) of 2022 on the taxation of companies and enterprises on December 9, 2022 (hereafter referred to as the “CT law”). The Corporate Tax law, which is applicable to fiscal years beginning on or after 1 June 2023, establishes the legal framework for the adoption and operation of a … Read more

Transfer pricing refers to the fees of goods, services, intellectual property, or financing arrangements between related parties, such as a parent company and its subsidiary. The FTA requires that these arrangements be carried out in line with the Arm’s Length Principle, i.e., that they are being priced as though they were happening between independent parties … Read more