UAE company annual audit: when it’s required and what it costs

A UAE company audit is mandatory for Qualifying Free Zone Persons (QFZPs), DIFC entities, ADGM entities, and mainland companies with revenue exceeding AED 50 million. For all other entities, an audit is optional but increasingly expected by banks

UAE e-invoicing: what businesses need to know about the 2027 mandate

The UAE is implementing mandatory electronic invoicing (e-invoicing) starting 1 January 2027 for businesses with annual revenue exceeding AED 50 million. All B2B and B2G invoices must be issued, transmitted, and stored electronically through an

UAE tax groups: how to consolidate corporate tax across multiple entities

A UAE tax group allows two or more resident entities under common ownership (95 %+) to file a single consolidated corporate tax return, offsetting one entity’s profits against another’s losses. Tax grouping is optional and must be elected with th

Kuwait corporate tax: 15 % foreign-entity tax and KDIPA framework

Kuwait applies a 15 % corporate income tax exclusively to foreign-owned entities. Kuwaiti and GCC nationals pay no CIT — they are subject instead to 1 % Zakat and 2.5 % NLST (National Labour Support Tax). Kuwait is the only GCC country where the

Oman corporate tax: 15 % rate, SME relief, and free zone holidays

Oman levies a 15 % corporate income tax on all entities operating in the Sultanate, with a reduced 3 % rate for SMEs with taxable income below OMR 100,000. Free zone entities in Sohar, Duqm, Salalah, and Mazunah can receive tax holidays of up

Qatar corporate tax: how the 10 % rate works for foreign businesses

Qatar levies a flat 10 % corporate income tax on the taxable profits of all entities, both foreign and Qatari-owned. This is a unified rate — unlike Saudi Arabia, which splits between 20 % CIT for foreign entities and 2.5 % Zakat for nationals. Q

UAE transfer pricing rules: what foreign-owned businesses need to know

The UAE’s transfer pricing framework under Ministerial Decision No. 97 of 2023 aligns with the OECD Transfer Pricing Guidelines. All related-party transactions must follow the arm’s length principle — meaning prices between connected entities mus