Its definition was introduced by Ministerial Decision No. 139 of June 1, 2023. On October 27, the MoF replaced this decision with Decision No. 265. The latter does not include the definition of a Designated Zone (DZ). Read...
The FTA’s Free Zone Persons Guide provides substantial input in obtaining clarity. However, some clarifications requires further details. Specifically, the Guide addresses how to distinguish between a main Qualifying Activity from ancillary...
The subject of this study is the distribution of customized or upgraded software solutions. Income generated from copyrighted software may qualify for the 0% Corporate Tax rate. Read more in the article of Andrey Nikonov, Senior Partner,...
In this study, we delve into VAT issues related to e-advertisements, using social media ad platforms to demonstrate the case. The focus is on applying the place of use and enjoyment rule. As usual, we utilize international case law and administrative...
While we delve deeper into the nuances and detailed examples provided by the FTA, we wanted to share a recent alert on the Corporate Tax Guide concerning Investment Funds and Managers. Read more in the article of Andrey Nikonov, Senior...
This study explores VAT challenges in the UAE related to debt transfer operations. EU legislation, relevant case law, and guidance from HMRC and Irish Revenue are used to provide clarity in areas where UAE regulations are not explicit. Read...
One company provides services to another company. Both are the UAE residents and have no foreign establishments. The services are actually performed abroad. Shall they be zero-rated? Read more in the article of Andrey Nikonov, Senior Partner,...
The director’s fee is exempt from VAT in the UAE by virtue of special rule. There is no such rule in the Corporate Tax legislation. The Guide from the FTA gives hope but they are accompanied by the reservation and reference to a case by case...
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