CIT in the UAE: The PE Clause for Individuals
Thomas Vanhee
May 11, 2023
This article deals with the PE concept applied to individuals operating as solo entrepreneurs or freelancers in the UAE territory.
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CIT in the UAE: The PE Clause for Companies
Thomas Vanhee
May 10, 2023
In the article, the authors analyse the UAE’s PE policy and approach with a few practical examples, focusing on applying the PE clause to companies and other legal entities.
Working remotely tax free – not that simple
Thomas Vanhee
May 9, 2023
Explore the challenges of working remotely tax-free in Dubai. The virtual working program allows overseas employees to benefit from the tax advantages of residing in Dubai while retaining employment in their home countries. However, ensuring tax-free salary may not be as simple as it seems, with each case having unique considerations.
To Qualify or not to Qualify: Analysis and Tax Advisory on the UAE Free Zone Regime, Interaction with Pillar Two, and Beyond
Liam Purcell
April 12, 2023
Our new article delves into the UAE Free Zone Regime and its interaction with the recently introduced Corporate Tax (CT) legislation. Here, we highlight key aspects such as conditions for being considered a Qualifying Free Zone Person (QFZP), transfer pricing requirements to be followed, the potential impact of BEPS Pillar Two on multinational companies, and more.We also discuss here practical considerations for businesses operating in UAE Free Zones, emphasizing the importance of understanding the definition of “Qualifying Income” and compliance with various regulatory requirements.
Tax exemptions for KSA Regional Headquarters
Thomas Vanhee
March 25, 2023
The introduction of the Regional Headquarters Program (“RHQ”) fits in with Vision 2030. This joint initiative between the Ministry of Investment (“MISA”) and the Royal Commission for Riyadh City (“RCRC”), invites global companies with a presence in the MENA region to relocate their regional headquarters to the KSA, promising accessibility to the ever-expanding economy of Saudi Arabia and to be part of the 2030 strategic development goals.
UAE Corporate tax makes tax structuring and conducting tax due diligence more relevant
Thomas Vanhee
March 1, 2023
Are you doing business in the UAE? Make sure you understand the UAE corporate tax laws and how to structure your taxes for maximum benefit. Learn more here.
Updates on UAE CT Registration
Thomas Vanhee
February 2, 2023
Here are updates on the Corporate Income Tax registration procedures in the United Arab Emirates’ (UAE)!
UAE Tax Residency Criteria
Thomas Vanhee
February 1, 2023
The Federal Tax Authority (FTA) issued Cabinet Decision No. 85 of 2022 (dated 2 September 2022), setting new criteria for determining tax residency for juridical and natural persons, and this decision will be effective from 1 March 2023.
UAE CIT Law: Gathering the pulse of the UAE MoF
Thomas Vanhee
January 31, 2023
After the announcement of the introduction of Corporate Income Tax (CIT) and the publication of the Frequently Asked Questions (FAQs) on 31 January 2022, and the release of the Public Consultation Document in April 2022, the Corporate Income Tax (CIT) Law was finally released on 9 December 2022
Getting your money back from the UAE tax authority
Thomas Vanhee
January 20, 2023
The UAE has been considered a tax haven for many individuals and businesses, particularly due to its favourable tax regime. Aside from imposing no tax on personal income and personal assets, it only applies a 5% VAT on goods and services, and as low as 9% corporate tax—one of the lowest rates across the world! This is the reason why numerous entrepreneurs, the wealthy or high net worth individuals are drawn to this country. The government is keen to make doing business and living or retiring here as favourable as possible.