Tax
From The Report: Abu Dhabi 2017
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This chapter contains an overview of the tax framework in which local and foreign investors operate in Abu Dhabi, as well as a look at the value-added tax system being developed across the GCC, a rundown of the social security contributions required for local staff and an outline of the double taxation treaties in place or on the way. This chapter contains a viewpoint from Dean Kern, Middle East Tax and Legal Services Leader, PwC.

Articles from this Chapter

Overview

Straightforward system: A simple and clear tax system has been a staple of the emirate
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The UAErecent tax changes and regulations federal government has exclusive jurisdiction to legislate in relation to the UAE’s taxation system. However, no federal tax laws have been established to date. Instead, most of the emirates enacted their own general income tax decrees in the late 1960s, known as the “tax decrees”. In practice, however, the tax decrees have not been enforced to date in the emirates and, consequently, tax is generally not levied under the decrees on companies…