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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.

Case Study: Full Time employees only to benefit 0% Corporate Tax Rate?

The facts A Company is registered and located in a Free Zone. Part of its employees involved in the Core Income Generating Qualifying Activity work halftime. The question Does this

0% for the Trading of Commodities. A designated zone is not required. But do you have to sell your goods on an exchange to qualify?

On 27 October 2023, the UAE’s Minister of Finance released Decision No. 265 replacing Decision No. 139 of 1 June 2023, previously in effect, with an updated list of Qualifying

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