Tax
From The Report: Abu Dhabi 2016
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This chapter contains an overview of the tax framework in which local and foreign investors operate including an outline of the business and tax incentives offered by the free zones and a rundown of the Wages Protection System. This chapter contains a viewpoint from Dean Kern, Middle East Tax and Legal Services Leader, PwC.

Articles from this Chapter

Overview

Incentives and benefits: A straight-forward and advantageous model
OBG
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The UAE federal government has exclusive jurisdiction to legislate in relation to UAE taxes. However, no federal tax laws have yet been established. Instead, most of the emirates enacted their own general income tax decrees in the late 1960s (tax decrees). In practice, the tax decrees have not been enforced to date and, consequently, tax is generally not levied under the decrees on firms operating in the UAE, except for the following industries/activities: Firms operating in the upstream oil…