UAE Corporate Tax
With the introduction of the UAE Corporate Tax law, the UAE Tax and Transfer Pricing landscape is expected to witness significant changes. Moreover, the law aims to ensure that only business or business-related activity income is taxed while ensuring that personal income, notably from employment, investments, and real-estate (without licensing requirements), is not subject to UAE Corporate Tax.
However, the Transfer Pricing will become crucial as inter-company and intra-group transactions will be impacted and undertaken at arm’s length. More importantly, there would be an increased tax and compliance burden on the businesses, and any non-compliance or non-adherence is expected to attract heavy penalties.
Our Services
Impact Compliance
Assess organizational readiness and evaluate impact of CT and Transfer Pricing Law
Advise on the most tax-efficient corporate structure
Compliance Management
Assist in obtaining tax registration and assist in ongoing compliances, annual returns, and disclosures
Determining tax liability to be discharged
Transfer Pricing
Formulating a Transfer Pricing policy
Advising on tax-efficient Transfer Pricing strategies
Assistance in preparing and filing disclosure forms
Preparing Transfer Pricing documentation as required by CT Law
Insights
UAE Corporate Tax Regime: Impact on Free Zone Entities
20 February 2024
How Holding Companies Could Hold
Ground under UAE Corporate Tax
12 February 2024
TP Guide 2023 A Disquisition to UAE TP Rules
8 February 2024
Corporate Tax Registration
of Juridical Persons
20 September 2023
Webinars
UAE Corporate Tax and Transfer Pricing – Key Strategies
Uncovering the Intricacies of UAE’s CT Regime
UAE TP – Intra-group arrangements that could potentially hike your tax bill
Alerts
UAE provides timelines for making an application for Corporate Tax Registration
28 February 2024
Key Changes in Determining Qualifying Income of a Qualifying Free Zone Person
7 November 2023
UAE Corporate Tax: ‘Qualifying Income’ Clarified
2 June 2023
Timeline for Corporate Tax registration and exemption
27 April 2023
Timeline for tax deregistration
27 April 2023
Conditions for change in tax period
26 April 2023
UAE Ministry issues a decision on Small Business Relief for Corporate Tax purposes
6 April 2023
Podcasts
Connect with Us
Lokesh Gupta
lokesh.gupta1@nexdigm.com
Trupti Mehta
trupti.mehta@nexdigm.com
Imran A. Siddiqui
imran.siddiqui@nexdigm.com
