Session 1: UAE Corporate Tax Laws: Key Insights and Implications

Описание: Session 1: UAE Corporate Tax Law Overview: Key Principles, Rates, and Requirements Explained

This session provides a comprehensive overview of the UAE Federal Decree Law No. 47 of 2022 on corporate taxation, effective from financial years starting on or after June 1, 2023. It covers the basics of corporate tax, including the applicable tax rates, filing requirements, and adjustments necessary for determining taxable income. The video explains the classifications and conditions for qualifying Free Zone persons and exempt persons, and details the criteria under which resident and non-resident persons are subject to corporate tax. Key topics include transfer pricing rules, the concept of permanent establishments, and the specifics of taxable incomes from immovable properties and state-sourced income.

Chapters:

00:00:00 Introduction to Corporate Tax Principles
00:00:12 Overview of UAE Corporate Tax Law
01:10:00 Understanding Corporate Tax Rates and Taxable Income
01:53 Key Adjustments for Taxable Income Calculation
02:33 Transfer Pricing Rules and Compliance
03:09 Special Provisions for Free Zone Persons
04:20 Exemptions and Exempt Persons
05:18 Who is Subject to Corporate Tax?
06:10 Detailed Analysis of Taxable Persons
08:21 Permanent Establishment and Nexus in UAE
10:23 Tax Implications for Non-Resident Persons
12:48 Conclusion and Key Takeaways