by Sheetal Soni | Apr 2, 2024 | Media & Article
A partnership is a collaborative agreement where two or more individuals join forces to conduct business and share the resulting profits and losses. In the UAE, partnerships can be either incorporated or unincorporated, each carrying distinct legal and tax...
by Sheetal Soni | Feb 26, 2024 | Media & Article
In the complex landscape of corporate taxation, businesses are constantly seeking ways to optimise their tax strategies and enhance their bottom line. One such strategy involves the formation of group structures known as tax groups and qualifying groups, which can...
by Sheetal Soni | Jan 16, 2024 | Media & Article
In a move to ensure a fair and transparent corporate tax regime, the UAE has laid down comprehensive guidelines for determining the tax residency of entities, be they local or foreign. At the heart of this taxation framework lies the crucial concept of place of...
by Sheetal Soni | Jan 3, 2024 | Media & Article
The implementation of the UAE corporate tax law has sparked numerous inquiries and confusion, particularly regarding its impact on natural persons. In the context of this law, a “natural person” refers to an individual, distinguishing them from legal entities such as...
by Sheetal Soni | Dec 10, 2023 | Media & Article
The UAE has entered a new era with the implementation of a Corporate Tax (CT) regime from June 1, 2023. This pivotal shift holds profound implications for multinational enterprises (MNEs) operating within the UAE, reshaping their strategies and compliance frameworks...
by Sheetal | Nov 13, 2023 | Media & Article
In a transformative move that has reshaped the economic landscape, the UAE introduced its comprehensive Corporate Tax regime on June 1, 2023. This historic step has not merely redefined the nation’s fiscal policies but has also positioned the UAE as a beacon of...