On 19 September 2025, the UAE Federal Tax Authority (FTA) issued a public clarification (Clarification) regarding the treatment of family wealth management structures under the UAE Corporate Income Tax (CIT) Law....more
The Free Zone Tax Regime allows eligible taxpayers to access a 0% Corporate Income Tax (CIT) rate, provided all statutory conditions are met. The UAE first published the Free Zone implementing decisions on 1 June 2023. These...more
Under the Corporate Income Tax (CIT) law, a Resident Person, whether a juridical or natural person, is subject to tax on its worldwide income, including income derived from foreign sources. Foreign source income refers to...more
Austria has approved the signing of Double Tax Treaty with Oman -
On 24 September 2025, Austria has authorized the signing of the Double Tax Treaty (DTT) with Oman. The countries reached consensus on the draft DTT in March...more
On 18 April 2025, Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) published amendments to the VAT Implementing Regulations. Key changes include stricter VAT group formation criteria, new deemed supplier rules for...more
On 26 May 2025, the UAE Federal Tax Authority (FTA) issued Public Clarification VATP044, confirming that UAE-based recipients of Concerned Services are not required to self-issue tax invoices if they retain valid invoices or...more