What types of entities can apply to be a Qualifying Public Benefit Entity? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Qualifying Public Benefit Entities must be juridical persons, including incorporated companies, foundations, and trusts with separate legal personalities. They must be exclusively established and operated for promoting social welfare … Read more
Can a charity or public benefit entity established in a Free Zone be exempt from UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Yes, if the organization is listed in Cabinet Decision No. 37 of 2023 or subsequent relevant decisions as a Qualifying Public Benefit Entity. Contact … Read more
Can foreign charities or public benefit organizations qualify as Qualifying Public Benefit Entities for UAE Corporate Tax purposes? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Yes, foreign organizations meeting relevant conditions and listed in Cabinet Decision No. 37 of 2023 or subsequent relevant decisions as Qualifying Public Benefit Entities … Read more
Are donations made to charities deductible? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Yes, donations made to charities listed in Cabinet Decision No. 37 of 2023 or subsequent relevant decisions as Qualifying Public Benefit Entities are deductible. Contact us for UAE Corporate Tax Advise CONTACT US FOR TAX CONSULTANCY … Read more
Are charities and other public benefit organizations in the UAE subject to UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Charities and other public benefit organizations meeting certain conditions listed in Cabinet Decision No. 37 of 2023 or subsequent relevant decisions are exempt from UAE Corporate Tax … Read more
Who is eligible for exemption from UAE Corporate Tax ? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Certain entities are automatically exempt from UAE Corporate Tax, including: The UAE Federal and Emirate Governments, along with their departments, authorities, and other public institutions. Companies fully owned and controlled by a … Read more
Are sole proprietorships or civil companies treated as juridical persons for Corporate Tax purposes? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course No, sole proprietorships and civil companies are not treated as juridical persons for Corporate Tax purposes. However, natural persons conducting Business in the UAE through a sole proprietorship … Read more
Are UAE holding companies liable for UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Yes, UAE holding companies are subject to UAE Corporate Tax. However, dividends received from domestic shareholdings are exempt without conditions, and dividends from foreign shareholdings and capital gains from both domestic and foreign … Read more
When is a foreign juridical person considered to be “effectively managed and controlled” in the UAE? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 The determination of whether a foreign juridical person is “effectively managed and controlled” in the UAE will be assessed on a case-by-case basis. It may … Read more
Are foreign juridical persons subject to UAE Corporate Tax in the same way as UAE Resident Persons? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course No, foreign juridical persons are not subject to UAE Corporate Tax in the same manner as UAE Resident Persons. Please refer to question 175 for … Read more