Articles

Downward adjustment when no asset or cost is recognized under IFRS

This case study examines the transfer pricing implications of a business transfer between two related parties in the UAE where neither Qualifying Group Relief (QGR) nor Business Restructuring Relief (BRR)

What’s new in UAE tax: PGP June Digest

We are pleased to present the June 2025 edition of our monthly digest, featuring key tax and regulatory developments across the UAE and the GCC region. This month’s spotlight is

Navigating Corporate Tax in the UAE? Avoid These Common Pitfalls

The introduction of UAE Corporate Tax has transformed the compliance landscape for Free Zone and mainland companies alike. Yet, many businesses continue to face unexpected risks — simply because of

What’s new in UAE tax: PGP May Digest

This Month’s Spotlight: The UAE Guide on Family Foundations This month, we focus on the recently issued Guide on Family Foundations in the UAE — a valuable instrument offering fiscal transparency for foundations

Clarifying “Similar Entities”: Insights from the Family Foundations Guide (May 2025)

In our earlier research, we explored how the concept of “similar entities” under the UAE Corporate Tax Law could be interpreted, particularly for structures that are not explicitly labeled as “trusts”

Substance vs DMTT: when can a 0% free zone rate still matter?

The OECD’s Global Anti-Base Erosion (GloBE) Rules (Pillar Two) introduce a 15% minimum effective tax rate (ETR) for large multinational enterprises (MNEs). On February 12, 2025, the Emirati Ministry of

Navigating the FTA’s Private Clarification Process: Practical Strategies for a Favourable Outcome

“Navigating the FTA’s Private Clarification Process: Practical Strategies for a Favourable Outcome” — a deep dive into how UAE taxpayers can approach the Federal Tax Authority to obtain legal certainty

Reconciling Participation Exemptions: UAE Corporate Tax vs. Pillar Two Framework

This article explores how dividends and capital gains from a foreign subsidiary are treated under UAE Corporate Tax Law, on one hand, and UAE Domestic Minimum Top-up Tax and OECD’s

Ancillary Activities to Natural Persons: Qualifying or not