UAE announces new guidance on corporate tax

All related party transactions must be arm's-length under the new guide, which also covers transfer pricing.

A guide produced by the United Arab Emirates’ Federal Tax Authority provides a practical resource for taxpayers but also reveals the large volume of data required for businesses to accurately complete a corporate tax return.

It also covers offers key guidance on how taxpayers can take advantage of foreign tax credits, another local adviser highlighted.

Published on Monday, November 11, the UAE Corporate Tax Return Guide provides general guidance on completing corporate tax returns.

For support with your Corporate Tax submission, contact Zyla Accountants today.