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Navigating Intra-Group Loans – Transfer Pricing Rule in the UAE
- 04.11.2023
- Posted by: Uwe Hohmann
- Categories: Dubai, Tax
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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Tax Planning in the UAE under the Corporate Income Tax Regime
- 31.10.2023
- Posted by: Omar Sami
- Categories: Dubai, Tax
The CIT regime in the UAE reshapes the tax landscape, introducing a 9% rate for incomes over AED 375,000 and offering various provisions and exemptions that businesses should strategically navigate to ensure compliance and optimize profitability.
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Taxable Non-Resident Persons in the UAE
- 27.10.2023
- Posted by: Uwe Hohmann
- Categories: Accounting, Dubai, Tax
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 Corporate Tax Regime – Exempt Income: Dividends and Participation Exemption
- 26.10.2023
- Posted by: Derya Bandak
- Categories: Accounting, Dubai, Tax
The UAE’s corporate tax regime offers tax exemptions on dividends and participation interests to prevent double taxation, with specific criteria and tests to ensure eligibility.
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Requirements for Maintaining Transfer Pricing Documentation (UAE Corporate Tax)
- 24.10.2023
- Posted by: Derya Bandak
- Categories: Accounting, Dubai, Tax
Ministerial Decision No. 97 of 2023 details the requirements for maintaining Transfer Pricing Documentation under the UAE’s new Corporate Tax Regime, specifying conditions for Master and Local File maintenance and clarifying the inclusion of Related and Connected Persons.
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Small Business Relief in the UAE Corporate Tax Regime
- 23.10.2023
- Posted by: Omar Sami
- Categories: Accounting, Dubai, Tax
The Small Business Relief in the UAE Corporate Tax regime offers eligible businesses with revenues below AED 3,000,000 simplified tax return procedures and exemption from Corporate Tax.
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Interest Deductions in the UAE Corporate Tax
- 19.10.2023
- Posted by: Malavika Kolera
- Categories: Accounting, Dubai, Tax
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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Dubai Chamber of Digital Economy Releases Comprehensive Guide for Startups
- 18.10.2023
- Posted by: Derya Bandak
- Categories: Dubai, Tax
The Dubai Chamber of Digital Economy has released a comprehensive guide titled ‘Building Your Business in a Dynamic City: The Entrepreneur’s Guide to Business Setup in Dubai,’ aiming to assist startups in navigating the emirate’s digital ecosystem.
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The UAE’s 0% Corporate Tax for Qualifying Free Zone Persons (QFZP)
- 16.10.2023
- Posted by: Omar Sami
- Categories: Dubai, Tax
The United Arab Emirates has introduced a 0% corporate tax rate for Qualifying Free Zone Persons (QFZP) operating within UAE Free Zones, contingent on specific criteria and income qualifications.
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Understanding the Tax Loss Provisions in the UAE
- 13.10.2023
- Posted by: Malavika Kolera
- Categories: Dubai, Tax
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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