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UAE Corporate Tax Law: Updates on Free Zone Regulations
- 21.12.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
No CommentsThe UAE’s latest legislative changes bring important updates to Free Zone rules under the Corporate Tax law, particularly affecting the financial services sector.
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Important Tax Considerations for Entrepreneurs With Commercial Ties in the UAE
- 04.12.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
Entrepreneurs in the UAE must navigate unique corporate tax rates, sector-specific incentives, and stringent compliance and reporting requirements to ensure their business thrives.
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Corporate Tax Exemptions in the UAE: Article 10
- 30.11.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
The UAE’s Corporate Tax exemption framework, outlined in Article 10 of the CT General Guide, specifies various entities eligible for exemption, underlining the nation’s commitment to fostering economic growth and social welfare.
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TME Services and TME Legal Consultants at the ETL GLOBAL Conference 2023 in Berlin
- 09.11.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
The ETL GLOBAL Conference 2023, held in Berlin, focused on “Managing the Professional Service Firm” and offered a platform for sharing knowledge on the global legal and tax landscape, with TME Services presenting insights into the GCC market.
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Navigating Intra-Group Loans – Transfer Pricing Rule in the UAE
- 04.11.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
Navigating intra-group loans in the UAE requires understanding transfer pricing rules, ensuring arm’s length pricing, analyzing credit ratings, considering the benefits of group affiliation, and benchmarking against third-party loans to achieve compliance under the Corporate Tax Regime.
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Taxable Non-Resident Persons in the UAE
- 27.10.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Accounting, Dubai
The United Arab Emirates (UAE) has implemented a Corporate Tax regime for non-resident individuals and entities, subjecting them to taxation based on specific criteria for their presence and income sourced within the UAE.
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UAE E-Commerce Landscape: Insights, Opportunities, and Guidelines for Optimal Company Setup
- 20.10.2023
- Posted by: Uwe Hohmann
- Categories: Company Setup, Dubai
The UAE’s e-commerce sector is witnessing significant growth, offering promising business opportunities.
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Interest Deductions in the UAE Corporate Tax
- 19.10.2023
- Posted by: Malavika Kolera
- Categories: Tax, Accounting, Dubai
The Federal Decree Law No. 47 of 2022 outlines provisions for interest expenditure deductions, allowing up to 30% of the EBITDA with exceptions for net interest below AED 12 million, specific rules for related party transactions, and exceptions if no corporate tax advantage is sought.
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Understanding the Tax Loss Provisions in the UAE
- 13.10.2023
- Posted by: Malavika Kolera
- Categories: Tax, Dubai
Federal Decree Law No. 47 of 2022 introduces key changes in UAE’s tax landscape, allowing businesses to adjust previous year’s tax losses against subsequent tax periods, with specific conditions for offset and transfer.
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UAE Corporate Tax and IFRS Compliance: A Guide to Financial Reporting
- 09.10.2023
- Posted by: Malavika Kolera
- Categories: Tax, Accounting, Dubai
The Federal Decree Law No. 47 of 2022 in the UAE necessitates that Taxable Persons adhere to IFRS, placing heightened importance on IAS 12 for effective tax accounting and compliance.
