Course Outline
Overview of UAE Corporate Tax Course
- When will the UAE corporate tax regime become effective?
- What role will the Ministry of Finance play in implementing this regime?
- What is corporate tax, and how does it function?
- Why is the UAE introducing a corporate tax system?
- Will the UAE corporate tax apply to organizations across all Emirates?
- What responsibilities will the Federal Tax Authority have in this context?
Scope and Rates
- How is business income or revenue that will be subject to UAE corporate tax determined?
- What are the proposed rates for UAE corporate tax?
- What does “large” multinational corporations suggest in this context?
- Which entities will be required to comply with the UAE Corporate Tax Course?
- How can a legal entity determine if it has a “service” that falls within the scope of UAE corporate tax?
- How can an individual determine if they have a “service” that is subject to UAE corporate tax?
- Will private individuals be subject to corporate tax on investment returns?
- Will revenue from a financial institution’s deposits be subject to UAE corporate tax?
- Will an individual's salary income be subject to UAE corporate tax?
- Will an individual with a business license to operate in the UAE be subject to UAE corporate tax?
- Will individuals who invest in UAE property be subject to UAE corporate tax?
- If a service generates AED 400,000 in gross income during a fiscal year, what will be the corresponding UAE corporate tax amount?
- Will income earned by freelance professionals be subject to UAE corporate tax?
Income Exempt from Corporate Tax
- What qualifies as a ‘qualifying’ shareholding under the UAE corporate tax regime?
- Will intra-group transactions be exempt from UAE corporate tax?
- Are there any entities or individuals who will be exempt from UAE corporate tax?
- Are there specific types of income that will be exempt from UAE corporate tax?
Foreign Entities and Individuals
- Will foreign companies or private individuals be subject to UAE corporate tax?
- Will income earned by foreign investors be subject to UAE corporate tax?
Free Zones
- Will the treatment of corporate tax differ for free zone entities established in economic free zones?
- Will free zone entities be subject to UAE corporate tax?
- Will free zone entities be required to register and file a corporate tax return?
Sector-Specific Considerations
- Will the real estate industry be subject to the UAE Corporate Tax Course?
- Will the oil and gas sector, along with other extractive industries, be subject to the UAE corporate tax regime?
- Will the financial sector be subject to the UAE corporate tax regime?
Treatment of Losses
- Can excess corporate tax losses be carried forward and used in future years?
- Can a group use the tax losses of one group company against the taxable income of another group company?
- Will the UAE corporate tax regime allow for the carryback of previous year's losses to offset future taxable income?
Tax Consolidation Group
- Can a group of UAE companies form a “tax consolidation” for UAE corporate tax purposes?
- What is withholding tax, and how does it apply under the UAE corporate tax regime?
- What is the withholding tax rate under the UAE corporate tax regime?
Tax Credits
- Will foreign corporate tax paid on UAE-sourced income be recognized under the UAE corporate tax regime?
Transfer Pricing
- What are transfer pricing regulations, and how do they apply to UAE companies?
- Will transfer pricing rules apply to UAE companies for government purposes?
Administrative Requirements
- Will entities be required to register for the UAE Corporate Tax Course for government compliance?
- How frequently will UAE businesses need to file a corporate tax return?
- Will the corporate tax return need to be submitted online?
- Will entities be required to make advance tax payments?
- Are there any penalties or consequences for non-compliance under the corporate tax regime?
Testimonials (5)
the Labs
Frank Mhlongo - Standard Bank of South Africa
Course - JBoss
The pace was good, with a nice mixture of knowledge sharing, demonstrations and practical work. Filip was very engaging and provided the energy to get through the course. It was good that there was a lot of 1:1 tuition, with Filip going through individual training exercises.
Colin - Worldpay
Course - BPMN, DMN, and CMMN - OMG standards for process improvement
The training definitely backfilled some of the gaps in my knowledge left by reading the OptaPlanner userguide. It gave me a good broad understanding of how to approach using OptaPlanner in our projects going forward.
Terry Strachan - Exel Computer Systems plc
Course - OptaPlanner in Practice
His demonstrations, he demo from the scratch, which allows us to see the step by step process. As well as the practical examples, it was great, it looks like a real case scenario already.
Kim Justine Ferriol - Thakral One, Inc.
Course - Introduction to Drools 7 for Developers
a lot of practices are very welcome, many try and learn cases are embedded
