KCG Library

Brief Decision No. 116 of 2023 was released by the Ministry of Finance on May 10, 2023, specifically addressing the Participation Exemption under Federal Decree-Law No. 47 of 2022, which pertains to the taxation of corporations and businesses (referred to as the 'CT...

Brief The Ministerial Decision No. 26 of 2023 has been issued by the Minister of State for Financial Affairs, outlining the criteria and conditions for electronic commerce aimed at maintaining records of the supplies made. Furthermore, the Federal Tax Authority (FTA)...

Brief On May 10, 2023, the Ministry of Finance (MoF) released Decision No. 115 of 2023 concerning Private Pension Funds and Private Social Security Funds in relation to the implementation of the CT Law. Key Highlights The Corporate Tax Law in the UAE provides an...

Brief On May 9, 2023, the Ministry of Finance (MoF) released Decision No. 114 of 2023 concerning Accounting Standards and Methods for the implementation of Federal DecreeLaw No. 47 of 2022 on the Taxation of Corporations and Businesses (referred to as the 'CT Law')....

Brief The Ministry of Finance released Decision No. 127 of 2023 regarding the Unincorporated Partnership, Foreign Partnership, and Family Foundation. on May 22nd. This decision falls under the Federal Decree-Law No. 47 of 2022, which governs the taxation of...

Brief The UAE has released Ministerial Decision No. 83 of 2023, which outlines the criteria determining when a non-resident's presence in the country does not establish a permanent establishment for tax purposes, as per Federal Decree-Law No. 47 of 2022 on the...

Brief The Ministry of Finance released Decision No. 126 of 2023 regarding the General Interest Deduction Limitation Rule on May 22nd. This decision falls under the Federal Decree-Law No. 47 of 2022, which governs the taxation of corporations and businesses (referred...

Brief The Ministry of Finance released Decision No. 125 of 2023 regarding Tax Group on May 22nd. This decision falls under the Federal Decree-Law No. 47 of 2022, which governs the taxation of corporations and businesses (referred to as the 'CT Law' hereafter). The...

  Brief The recent release of the Corporate Tax Rules for Free Zones brings much-anticipated clarity to the taxation framework. Cabinet Decision No 55 of 2023, along with Ministerial Decision No. 139 of 2023, sets out the criteria for determining qualifying...