Page 4 - ICAI UAE TAX UPDATE_JUNE 2024
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From the

                                                 CHAIRMAN









                  Dear Esteemed Members,

                  I am delighted to present the third edition of our monthly tax updates newsletter. Building on the
                  success of our previous issues, we continue our commitment to providing you with the most relevant
                  and timely updates in corporate tax and VAT in the UAE.

                  In this edition, we delve into several key topics that are crucial for staying informed in the ever-evolving
                  tax landscape. Our articles include:
                  •  VAT Public Clarification on Manpower vs. Visa Facilitation Services: Understanding the
                    nuances between these services and their VAT implications.
                  •  Attributing Profits to a UAE Permanent Establishment: Insightful analysis on how profits
                  are attributed to permanent establishments within the UAE.
                  •  FEMA FAQs - Gift of Shares of Indian Company between Residents and Non-residents:
                  Clarifications on the regulations and processes involved.
                  These articles, contributed by our editorial team and esteemed members, reflect the depth of expertise
                  within our community and underscore our commitment to fostering a collaborative environment for
                  sharing knowledge and best practices.

                  As we continue to navigate the complexities of tax regulations, our goal remains to equip you with the
                  tools and information necessary for confident decision-making. Staying updated is paramount, and
                  through this newsletter, we aim to support your professional growth and enhance your understanding
                  of the tax landscape.

                  We encourage you to actively engage with this publication by sharing your feedback and contributing
                  articles. Your insights are invaluable and play a crucial role in enriching our collective knowledge.
                  Detailed guidelines for article submissions and feedback are enclosed, and we look forward to your
                  active participation.
                  Thank you for your continued support and enthusiasm for the ICAI (Dubai) Chapter. Together, we can
                  make this newsletter a cornerstone of knowledge and a valuable resource for all our members.

                  Warm regards,

                  CA Rajesh Somani
                  Chairman
                  ICAI (Dubai) Chapter NPIO







       4    www.icaidubai.org


      UA E   TAX   U PDAT E   NEWSLET TER                                       ISSUE 03 - June 2024
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