Delegation of PowerThe Minister has the option to delegate all or a portion of his powers under this Decree-Law to VAT Dubai. Authority, where th...
Transitional Rules1. A Taxable Person’s opening balance sheet for Corporate Tax purposes shall be the closing balance sheet prepared for financial rep...
Violations and PenaltiesAssessment of Corporate Tax and penalties1.Corporate Tax assessment may be imposed on a person based on the Tax Procedures Law...
Tax Returns1. Subject to Article 51 of this Decree-Law, a Taxable Person must file a Tax Return, as applicable, to the Authority in the form and manne...
Tax Registration1. Any Taxable Person shall register for Corporate Tax with the Authority in the form and manner and within the timeline prescribed by...
General anti-abuse rule1. This article applies to a transaction or arrangement if, considering all relevant circumstances, it can be reasonably c...
Corporate Tax PaymentA Taxable Person must settle the Corporate Tax Payable under this Decree-Law within (9) nine months from the end of the relevant...
CurrencyFor the purposes of this Decree-Law, all amounts must be quantified in the United Arab Emirates dirham. Any amount quantified in another curre...
Tax Group1. A Resident Person, which for the purposes of this Decree-Law shall be referred to as a “Parent Company”, can make an application to the Au...
Tax Loss Relief1. A Tax Loss can be offset against the Taxable Income of subsequent Tax Periods to arrive at the Taxable Income for those subsequent T...
Arm’s Length Principle1. In determining Taxable Income, transactions and arrangements between Related Parties must meet the arm’s length standard as s...
Deductible Expenditure 1. Expenditure incurred wholly and exclusively for the purposes of the Taxable Person’s Business that is not capital in na...
Get personalized guidance and solutions for all your VAT needs
