09.10.2023 PGP Tax Consultancy has successfully held its first workshop in Dubai On 5 October, specialists of PGP Tax Consultancy held a workshop in Dubai titled “Introducing corporate tax in the UAE: Implications for business”. Andrey Nikonov, Senior Partner at PGP 27.09.2023 TRC for Company established less then 1 year ago The FTA’s Taxation Residency Certificate (TRC) User Guide sets out that ‘in order to be eligible to apply for a TRC, the legal person must have been established for a 25.09.2023 The cash method of accounting in UAE corporate taxation Article (20)(5)(a) of the Corporate Tax Law authorizes the MoF to ‘prescribe … the circumstances and conditions under which a Person may prepare financial statements using the cash basis of 21.09.2023 Adjustments of accounting profit in the UAE The UAE Corporate Tax Law does not provide for separate tax accounting. The initial basis for calculating the corporate tax base is the financial statements, i.e. accounting data. This data 11.09.2023 A new remedy in tax disputes in the UAE: a review of an assessment 25.08.2023 Subsidiaries as a Permanent Establish-ment under the UAE Corporate Tax Law The institutes of subsidiaries and a branch (representative office) often raise taxation issues. The reason for this is that every once in a while subsidiaries are a fiction which permits The role of economic substance in the UAE’s taxation system Economic substance is not a criterion of tax residence. In other words, it is required more to secure substance than tax residence. In most jurisdictions, residents are entities registered in Holding and Zero Tax Rate: Questions to Be Addressed Below we lay bare some unclear issues to be addressed by the Minister or FTA to dispel the doubts. 24.08.2023 Manufacturing, Processing and Distribution in the Public Consultation Document Show more 1 … 5 6 7