Essentially, taxable persons are required to comply with the Arm’s Length Principle in business transactions for corporate tax purposes. As per the latest Explanatory Guide, the taxable income of taxable …
Transfer Pricing
Through the issuance of the latest UAE Corporate Tax Law, the Organization for Economic Co-Operation and Development (OECD) model was affected. Hence, the introduction of transfer pricing, as well as …
A commercial Activity license in Dubai grants individuals or businesses legal authorization from the Department of Economic Development (DED) to engage in the buying and selling of goods and the …
Transfer Pricing assessment has become an important aspect of corporate tax compliance in the United Arab Emirates (UAE), following the introduction of UAE Federal Decree-Law No. 47 of 2022. Transfer …
The MoF (Ministry of Finance) declared on January 31, 2022, that a federal Corporate Tax will be implemented on commercial earnings in the UAE beginning from June 1, 2023. Ever …
