UAE Corporate Tax- FTA Guide on Taxation of Partnerships

Recently, the Federal Tax Authority (FTA) published a comprehensive Guide that deals with the taxation of partnerships in the UAE, whether incorporated or otherwise. The guide provides much-needed guidance on the treatment of unincorporated partnerships under UAE Corporate Tax (CT). It explains how UAE CT implications associated with partnerships in general interact with other elements of UAE CT, such as Free Zone and Small Business Relief. If your business operates through a partnership structure, especially if it's unincorporated, it's crucial to evaluate its treatment under UAE CT and the associated registration requirements. You can access the guide by clicking on the link provided.  [CT Guide - Partnerships - 04 03 2024 - for publishing.pdf (tax.gov.ae)].
 

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