by Auditor A | May 28, 2026 | English Topics
UAE Corporate Tax permits tax loss transfers between companies under at least 75% common ownership under Article 38 of Federal Decree-Law No. 47 of 2022. However, Article 39 restricts carry-forward of losses when a substantial ownership change is combined with a...
by Auditor A | May 27, 2026 | English Topics
UAE taxable income determination requires adjusting the accounting net profit or loss from Financial Statements under Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. The standard Corporate Tax rate is 9% on taxable income exceeding...
by Auditor A | May 27, 2026 | English Topics
UAE Corporate Tax deductible expenses must be incurred wholly and exclusively for the purposes of the taxable person’s Business under Article 28 of Federal Decree-Law No. 47 of 2022. Non-deductible expenses — including bribes, personal expenses, fines, and...
by Auditor A | May 27, 2026 | English Topics
UAE Corporate Tax interest deduction is limited to the higher of AED 12 million or 30% of adjusted EBITDA under the General Interest Deduction Limitation Rule in Article 30 of Federal Decree-Law No. 47 of 2022. Net Interest Expenditure exceeding this threshold is...
by Auditor A | May 27, 2026 | English Topics
UAE Corporate Tax loss relief allows taxable persons to offset Tax Losses against future Taxable Income under Articles 37 to 39 of Federal Decree-Law No. 47 of 2022, subject to a 75% deductibility cap per Tax Period. Tax Losses can also be transferred between members...
by Auditor A | May 27, 2026 | English Topics
UAE Corporate Tax exempt income provisions under Articles 22–25 of Federal Decree-Law No. 47 of 2022 allow businesses to exclude qualifying dividends, participation-exempt gains, and foreign permanent establishment income from Taxable Income. A Foreign Tax Credit...
Recent Comments