Taxation of Partnerships
This guide (CTGPTN1 of 2024) provides guidance on the taxation of partnerships, particularly on the following aspects:
- A general understanding of how the Corporate Tax Law treats partnerships,
- Information about how the Corporate Tax Law applies to a partnership and its partners, including special provisions that apply to partnerships and the tax treatment of commonly occurring events, and
- Information regarding the registration, filing requirements, compliance and other tax obligations related to partnerships and partners.
View the Document: Corporate Tax Guide | CTGPTN1 of 2024
Important Notice
The above extract has been provided for reference only and is based on information available in the public domain at the time of publication, which is subject to change. This does not constitute any form of advice or recommendation and therefore cannot be relied on to cover specific situations. We highly recommend that you consult with a qualified tax advisor in the UAE for personalized guidance based on your specific business circumstances. We accept no duty of care or liability for any loss occasioned to any person acting or refraining from action as a result of any material in this publication. Please refer to the following resources for the official and up-to-date information on the UAE Corporate Tax legal framework:- UAE Ministry of Finance: https://mof.gov.ae/tax-legislation/; and
- UAE Federal Tax Authority: https://tax.gov.ae/en/Legislation.aspx