UAE

I. Introduction The United Arab Emirates (“UAE”) has traditionally ranked among the top countries where high net worth and ultra-high net worth individuals relocate. However, since the 2020 pandemic and the rise of remote work, there has also been an influx of entrepreneurs, freelancers and other business minded people. It is common for prosperous individuals

I. Introduction The world is becoming more globalised than ever. There has never been such level of international trade and investment. With international transactions in full upswing, cross-border tax procedures and cooperation between tax authorities are on the rise. In this article we list five key points that companies should consider if they are subject

Introduction If you are working for a multinational enterprise, it is likely that you have been involved in an intragroup restructuring that includes countries. A common question that arises in these international intragroup restructurings is whether any transfer – of shares or assets – made between entities of the same group should result in any

Introduction On 27 February 2024, the UAE’s Federal Tax Authority (“FTA”) published its Decision No. 3 of 2024, dated 22 February, regarding the timeline specified for registration of taxable persons for corporate tax for the purposes of Federal Decree-Law No. 47 of 2022 on the taxation of corporations and businesses (the “CT Registration Decision”). The