Corporate Tax in the UAE

This timely and essential course provides a comprehensive understanding of the UAE Corporate Tax law, one of the most significant fiscal developments in the country's history. With corporate tax now a reality for businesses operating in the UAE, every accounting and finance professional must understand these requirements.

You will begin with the fundamentals of the UAE CT law including the scope and applicability, taxable persons, exempt persons and exempt income categories, the standard tax rate of 9%, and the qualifying free zone person regime. The course covers how to determine taxable income starting from accounting net profit and making the required adjustments.

Key technical areas include the treatment of related party transactions and transfer pricing requirements, including the arm's length principle, transfer pricing documentation, and country-by-country reporting obligations. Tax grouping provisions allow qualifying groups to form a tax group and file a single return, and the conditions and mechanics are covered in detail.

Practical compliance aspects include registration requirements with the Federal Tax Authority, preparing corporate tax returns, calculating tax liabilities, understanding tax periods, and managing tax payments and refunds. The course also covers transitional provisions, anti-abuse rules, and the interaction between corporate tax and existing VAT obligations. Real-world case studies from different business structures including mainland companies, free zone entities, and multinational groups ensure practical application of the knowledge gained.