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Navigating Intra-Group Loans – Transfer Pricing Rule in the UAE
- 04.11.2023
- Posted by: Uwe Hohmann
- Categories: Tax, Dubai
No CommentsNavigating 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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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.
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Why Every Company in Dubai Should Hire a Tax Consultant
- 11.09.2023
- Posted by: Damir Novalic
- Category: Tax
Let us delve into the myriad advantages of hiring a tax consultant in Dubai, and how it can help managers focus on important tasks.
