Will the earnings generated by foreign branches of a UAE company be subject to UAE Corporate Tax?
The earnings of foreign branches or Foreign Permanent Establishments of a UAE-based enterprise will be incorporated into the Taxable Income and UAE Corporate Tax Return of their UAE “head office,” unless the UAE “head office” elects to claim an exemption for the profits of its foreign branches. This exemption applies to profits from foreign branches that have already been subjected to taxation in the foreign jurisdiction.
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