Tax
From The Report: Dubai 2018
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This chapter contains an overview of the tax framework under which local and foreign investors operate, including a look at the GCC-wide value-added tax, which is being rolled out in 2018, a guide to international taxation treaties, and the investment and tax incentives available in the emirate’s free zones.

This chapter contains a VP from Dean Kern, Middle East Tax and Legal Services Leader, PwC.

Articles from this Chapter

Overview

Full disclosure: A summary of general and new tax regulations
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The UAE federal government has exclusive jurisdiction to legislate in relation to UAE taxes. 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. In practice, however, the tax decrees have not been enforced to date and, consequently, tax is generally not levied under the decrees on companies operating in the UAE, except for following industries and activities: • Companies operating…

Viewpoint

Adding value: Dean Kern, Middle East Tax and Legal Services Leader, PwC, on the future of the tax system in the GCC
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Viewpoint:Dean Kern As a business centre for the MENA region, the UAE continues to be a highly relevant and attractive destination for investors for a number of reasons including infrastructure, logistics and access to skilled labour. According to the PwC and World Bank’s “Paying Taxes” 2017 study, the UAE is the country with the single easiest system for paying taxes in the world. In a region where more than 50% of government revenues come from oil and gas, the reduction in oil prices…

Viewpoint

Adding value: Dean Kern, Middle East Tax and Legal Services Leader, PwC, on the future of the tax system in the GCC
OBG
plus

Viewpoint:Dean Kern As a business centre for the MENA region, the UAE continues to be a highly relevant and attractive destination for investors for a number of reasons including infrastructure, logistics and access to skilled labour. According to the PwC and World Bank’s “Paying Taxes” 2017 study, the UAE is the country with the single easiest system for paying taxes in the world. In a region where more than 50% of government revenues come from oil and gas, the reduction in oil prices…