Guide: Transfer Pricing Under Corporate Tax in UAE

Mostafa

Mostafa is a qualified Corporate Tax Consultant with over 5 years of experience gained in diverse intricate tax matters, he has high expertise in conducting tax negotiations and investigations with the Federal Tax Authority and other external Tax Bodies. He has vast experience in reviewing and drafting tax documents. Mostafa has also advised on a plethora of tax matters, he draws much attention to tax filing procedures and to offering professional investigations to underlining tax complexities.

Guide: Transfer Pricing Under Corporate Tax in UAE

Transfer pricing involves setting prices for goods and services sold between affiliated companies. With the introduction of corporate tax in the UAE, transfer pricing has become an essential compliance issue for multinational enterprises (MNEs) and companies engaged in related party transactions. This article provides insights into the transfer pricing process and key regulations under the … Read more

UAE-Kuwait Double Tax Treaty: Strengthening Economic Cooperation

In August 2022, the Ministry of Finance of Kuwait announced the upgrading of her bilateral relation with the United Arab Emirates (UAE). The Treaty for the Avoidance on Double Taxation Treaty (DTT) can be viewed as the creation of a new level of cooperation in taxation between the two countries and the strengthening of the … Read more

Cross-border Taxation Issues for UAE Companies

Cross-border taxation in the UAE becomes relevant as organizations expand their operations through exports, investments, and acquisitions internationally. While the UAE has not adopted any extensive corporate tax regime, the companies operating in the country are confronted with other cross-border taxation demands and risks while dealing with foreign tax administrations. This article provides some of … Read more

How to Reduce Corporate Tax Liability in UAE

Businesses seeking to enhance efficiency and profitability should learn how to minimize corporate tax liability in UAE. This article gives guidelines on how to reduce corporate tax liability and also explains corporate tax planning. Thus, Taxable Persons should seek the expert services of top Tax Consultants in the UAE to seamlessly implement corporate tax reduction … Read more

Difference Between Zero Rated VAT and Exempted VAT

Value Added Tax (VAT) is a form of consumption tax imposed on the added value to goods and services at each stage of production or distribution. In the United Arab Emirates (UAE), VAT is set at a standard rate of 5%. However, specific goods and services either fall under a zero-rated or exempt category. This … Read more

Understanding the Foreign Tax Credit under UAE Corporate Tax

The Corporate Tax Law recently implemented in the United Arab Emirates (UAE) establishes the legal framework for imposing federal taxes on corporations. It encompasses essential provisions regarding foreign tax credit and withholding tax, imperative for comprehending the tax consequences for businesses operating within the UAE. This article offers an overview of these provisions and their … Read more