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0% Corporate Tax for IP but 9% for embedded IP used in Qualifying Activities, and more …

On 25 October 2023, the UAE’s Cabinet issued Decision No. 100.This decision repeals Cabinet Decision No. 55 of 30 May 2023, replacing earlier rules determining Qualifying Income for a Qualifying Free

Updated rules of the Corporate Tax regime for Free Zone Persons

PGP Tax Consultancy advises that the earlier published Cabinet Decision No. 55 of 2023 and Ministerial Decision No. 139 of 2023 concerning the Corporate Tax regime for Free Zone Persons

Distribution outside of the UAE. Case study

The facts A distribution company is incorporated in a designated zone in the UAE. Its facilities are located in the designated zone from where its employees buy the goods in

IP Assets Case Study: TP, DEMPE, risks and reward + ESR on top

The UAE’s FTA issued Transfer Pricing Guide No. CTGTP1 this week. For the most part, people are impressed with its length. Don’t be scared. A hefty part of it is

Corporate tax in the UAE: how much will Free Zone Residents pay?

Place of Effective Management: vulnerable issues

How to “maintain adequate substance” in a free zone to enjoy a 0% Corporate Tax rate?

The FTA clarified the meaning of ‘resell’ for VAT. This may affect 0% Distributor’s 0% CT Rate

The UAE MoF in Article 2(1)(k) of the Decision No. 139 qualified for 0% Corporate Tax rate ‘Distribution of goods or materials in or from a Designated Zone to a

Case Study: interest-bearing deposits and a 0% Corporate Tax rate

The facts A holding company is registered in the UAE free zone. It earns dividends and capital gains. Every once in a while, the Company deposits money in interest bearing