Cross-Border Taxation: Managing Corporate Taxes for Multinational Businesses in the UAE
As of January 1, 2025, the United Arab Emirates (UAE) is ready to enforce widespread significant changes to its corporate tax landscape, specifically affecting multinational enterprises (MNEs). This shift not only no longer reflects the UAE's dedication to international tax requirements; however, it additionally introduces complexities in cross-border taxation that companies have to navigate. This article will discuss the role of corporate tax consultants in Dubai in understanding those changes which are essential for MNEs operating inside Dubai and beyond. Overview of Corporate Tax Changes The introduction of a Domestic Minimum Top-up Tax (DMTT) would require big MNEs with international…