Tax

Tax

In order to expand our UAE offerings and support our international, regional and local clients, we have added a Tax Practice to our current Corporate offerings.  Our Corporate Team already has a deep understanding of our region's business and legal environment and tax is rapidly becoming an integral part of that environment.

With the introduction of corporate tax in the UAE, tax is rapidly becoming an important part of the UAE Corporate and commercial landscape.

Our tax team is able to provide UAE focused tax advice in relation to a variety of corporate and commercial matters, including corporate structuring, review of UAE operating models, the utilization of free zones, M&A activity, asset and share sales, review of commercial agreements, business transfers, tax administration, domestic transfer pricing requirements, engagement with the federal tax authority and international taxation.

Our team has experience in international, regional and local tax laws and is able to bring a best practice approach to the UAE. We navigate our clients through the current uncertainties of the local requirements and provide practical options and solutions to help manage tax risk in this developing area of the law.

 

We specialise in:

  • UAE Tax advice across all areas including:

    – Corporate Tax
    – VAT
    – Customs
    – Excise

  • Tax advice associated with M&A, including review and negotiation of associated agreements.
  • Corporate structuring and business operating model advice
  • Review of commercial agreements
  • Transfer pricing
  • Tax risk management
  • International taxation
  • UAE Tax Procedures and administrative rules
  • FTA engagements

Recent Matters:

  • Advised a UAE based engineering group on the VAT implications associated with historic services agreements and related tax administrative advice;
  • Advised a foreign group on local permanent establishment and corporate tax implications resulting from their commercial operations in the UAE;
  • Advised on the establishment and structuring of local free zone entities and comment on the eligibility and tax implications;
  • Advised UAE individuals on structuring of local holdings and use of family foundations;
  • Advised on the establishment of a UAE based group holding structure and associated corporate tax advice;
  • Assisted with the negotiation and review of tax warranties and indemnities associated with acquisition of UAE based entity by an EU Group;
  • Advised a EU national in relation to the establishment of a property development structure in the UAE and the associated tax implications;
  • Advised foreign group on re-domiciliation of holding company to the UAE.