United Arab Emirates on Transfer Pricing

The Ministry of Finance has announced amendments to the existing Ministerial Decision No.125 of 2023 on tax groups for the purpose of Federal Decree-Law No. 47 of 2022 ('UAE CT law') through the issuance.

The Gulf Cooperation Council ("GCC") countries, traditionally known for their low-tax environments, have undergone significant transformations in their tax regimes...

Article 55 of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses states that Taxable Persons are required to file together with their Tax Return...