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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Related Content for UAE Corporate Tax
Are Free Zone companies in UAE liable to Corporate Tax ?
Free Zone has distinct taxation system based on Qualifying Income and Excluded Income. It is therefore essential to know the kind of income taxable under UAE Corporate Tax Law for Free Zone companies.
Can you Split up your Business to claim Small Business Relief in the UAE?
If your business exceeds the Revenue Threshold limit for Small Business Relief, can you split up your business to claim Small Business Relief as per UAE Corporate Tax Law or will it constitute a Tax Crime punishable under the UAE Tax Procedures Law?
Who is a Taxable Person under UAE Corporate Tax Laws?
Are you a Taxable Person liable for Corporate Tax under the UAE Corporate Tax Law? Can an Exempt Person be considered as a Taxable Person?
