This is Aurifer’s reply to the Public Consultation initiated by the UAE Ministry of Finance (MoF) regarding the implementation of potential measures favoring Research and Development (“R&D”) embedded in the UAE Corporate Income Tax framework.

In the evolving landscape of UAE Corporate Income Taxation (“UAE CIT”), the intricacies surrounding family foundations stand out as an area of significant interest as well as complexity. Family foundations encounter a un...

The UAE Pillar Two Public Consultation document was initially issued by the UAE Ministry of Finance as part of their groundwork for Pillar Two implementation. Aurifer has integrated its responses within the document and our firm views do not necessarily reflect the views of our clients, nor of the individuals employed by the firm.

Check your business eligibility for foreign business refund via the Business Visitor Refund Scheme in the EU and GCC. Download our latest brochure here.

The UAE Corporate Income Tax in Articles 40-42 of the UAE Corporate Income Tax Law (Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses) contains provisions on “Tax Groups”, i.e., the situation where two or more taxable persons are allowed to form a tax group and, therefore, be treated as a single taxable person for UAE CIT purposes.

2023 has been a landmark year for international tax treaties in the GCC, particularly in the UAE and Saudi Arabia, with major agreements and amendments shaping the region's tax landscape. Each member state has made crucial strides, reinforcing their commitment to global tax standards.

Check out the Tax Implications for Domestic and Foreign Investors of Immovable Properties

Our business survey shows how ready businesses are on OECD/GR0s Pillar Two Initiative Read our survey.

Aurifer shares its observations on the Overview Draft KSA Income Tax Law (“ITL”) and Draft Tax Procedures Law

Whether you're a UAE-based or an international business dealing with real estate in the UAE (either in the mainland or FZs) or abroad, this infographic will guide you through the intricate rules surrounding immovable property income under UAE CIT.