Assessing tax risks of brands being transferred to the UAE

Advised an international manufacturer of cosmetic products on establishing a company in the UAE and transferring brands from the previous owners to a newly established company in the UAE.  The advisers assessed the client’s needs and proposed options for modifying the formation of a company in the UAE and for the brand being transferred to the client taking into account the economic substance requirements (ESR) and tax risks in the UAE.


Maria Nikonova
Head of PGP Tax Consultancy in the UAE, PhD in Law

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