UAE Corporate Tax Questions

What does the Participation Exemption regime mean by a “ownership interest”? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 The ownership interests include: Ordinary shares, Preferred shares, Redeemable shares, Membership and partner interests, and Other types of securities, capital contributions and rights that entitle the owner to receive profits … Read more

What criteria will be used to establish the minimum needed ownership interest? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 If a Taxable Person has either: a 5% or more ownership interest in the Participation; or an acquisition cost of its ownership interest in the Participation that is at … Read more

For the purposes of the Participation Exemption regime, how does the “subject to tax” test function for a Foreign Company? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 For the purposes of the Participation Exemption, a foreign company that is resident in a nation with a corporate income tax … Read more

Do profits received from businesses with UAE residents qualify for the Participation Exemption? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 According to Article 22 of the Corporate Tax Law, dividends received from a firm with a UAE resident is immediately exempt. Dividends received from firms based in the … Read more

How can one get benefited from the UAE Corporate Tax exemption if the person own less than 5% shareholding in a company? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 It is possible for a UAE company to make a strategic investment in another business that does not result … Read more

What is the Participation Exemption regime? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course The purpose of the Participation Exemption regime is to avoid double taxation in a group where a subordinate group firm (which pays the dividend or whose shares are being sold) has already paid taxes on its … Read more

Whether the UAE Corporate Tax is excluded from Capital Gains? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Capital gains from a participating interest in either local or foreign juridical persons are free from UAE Corporate Tax under the participation exemption scheme. Additionally, capital gains that may result from intra-group … Read more

Does the UAE Corporate Tax not apply to any dividends or other profit distributions from foreign juridical persons? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Dividends and other profit distributions received from a participating interest in a foreign juridical person are free from UAE corporate tax, subject to the … Read more

Whether all the distributions of dividends and other profits made to legal entities in the UAE free from UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 Regardless of the degree of ownership in the UAE resident juridical person paying the dividend or profit share, domestic dividends … Read more

What are the incomes exempted from the UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 UAE Corporate Tax is not applied to the following income:   Dividends and other profit distributions from legal entities formed or based in the UAE; Dividends and other profit distributions derived … Read more