October 2023

UAE Supreme Court Insight on Free-Zone Corporate Tax Exemptions

UAE Supreme Court Insight on Free-Zone Corporate Tax Exemptions

  The United Arab Emirates (UAE) has many free zones that attract businesses with tax benefits among other incentives. For example, free zones in the UAE typically offer a zero percent corporate tax rate for a certain number of years, often extendable. However, with the introduction of a new corporate tax regime in the UAE, […]

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UAE Supreme Court Judgment on Constitutional and Sharia Limits of Tax Penalties

UAE Supreme Court Judgment on Constitutional and Sharia Limits of Tax Penalties

  The UAE Federal Supreme Court recently issued a judgment, shedding light on the formulation of tax penalties within the framework of constitutional and Sharia law. This judgment reveals the legal parameters for formulating and imposing tax penalties, offering a perspective on the alignment of religious and constitutional principles within the tax legislative arena. Nuances

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