We’re pleased to present our latest digest, highlighting key tax and legal developments across the UAE and GCC for March 2025.
This month, we focus on the preparation of the Corporate Tax Return. For financial years ending on 31 December 2024, the fi ling deadline is 30 September 2025 – nine months after the year-end.
We will also discuss the latest updates during our upcoming seminar on April 17 in Dubai (held in Russian). Seats are limited, but you still have a chance to join us.
Here’s a snapshot of what’s inside this issue:
- Corporate Tax & VAT: Insights into the FTA’s Public Clarification No. VATP040, the new Guide on Interest Deduction Limitation Rules, Cabinet Decision No. 35 clarifying nexus rules for non-residents, Cabinet Decision No. 34 of 2025 on investment funds, along with details on the FTA’s upcoming webinars on Corporate Tax return filing.
- Regulatory Developments: A significant move in Dubai now allows free zone companies to conduct business beyond their designated zones.
- International Updates:
- Qatar enacts Pillar Two legislation, introducing the Income Inclusion Rule and a Domestic Minimum Top-Up Tax.
- Saudi Arabia mandates Ultimate Beneficial Ownership (UBO) disclosures for most entities.
- Bahrain updates its VAT Imports & Exports Guide, including guidance on multiple supplies leading to a single export.
We hope you find this edition insightful and helpful in navigating your compliance and strategic tax planning. As always, we’re here to support you.
The digest is available for download in both English and Russian, ensuring accessibility for our diverse readership.
