Articles

The Supreme Court to overturn the practice in the trade between the GCC States?

We have almost completed our work on the VAT Guide for B2B services in the UAE. The cases where the services are provided by UAE businesses in the GCC or

Potential to have a first Corporate Tax Period beginning in November 2024

The UAE Case Study: Zero VAT rate and short-term presence

A Share Premium and Corporate Tax in the UAE

This study focuses on a share premium. The taxation and availability of this instrument in the UAE are considered as well as the rules applicable on the mainland and in

Foreign Investment Fund: tax treatment in the UAE

Case Study: Procurement from any Free Zone vs Distribution from a designated zone

Case Study: Intra-Group Interest-Bearing loans, tax and related legal issues

The facts   A Group has trading companies set up in regular (non-financial) free zones. All these companies are licensed for trading only and supply goods to the foreign companies

A bank-managed portfolio and the 0% Corporate Tax Rate

A company is operating in a UAE free zone. Upon agreement with a bank, the latter invests in shares and other securities on behalf of the Company to earn income

Case Study: Exemption and the 0% Corporate Tax Rate – Interplay

A company is registered in the UAE free zone. It earns dividends and capital gains. Dividends come from foreign entities and from UAE residents.