Author: Waseem A. Malik
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Constitutional and Statutory Remedies in Pakistan: A Study of Legal Precedents When Writ Under Article 199 is not maintainable?
In Pakistan, the High Court’s use of constitutional jurisdiction under Article 199, instead of statutory remedies, is a contentious issue. The legislature has provided specific statutory avenues for redress, and legal precedents emphasize the importance of respecting these remedies. The judiciary must carefully balance the use of constitutional and statutory…
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CORPORATE TAX IN UAE FOR RESEARCH AND DEVELOPMENT
Unraveling Corporate Tax Incentives for Research and Development in the UAE In the pursuit of innovation and technological advancement, the United Arab Emirates (UAE) has recognized the significance of research and development (R&D) activities. To encourage companies to invest in R&D, the UAE government has implemented corporate tax incentives tailored…
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Evaluating the Impacts of Corporate Tax on the Health Sector in the UAE
The introduction of corporate taxes in the UAE has potential negative impacts on the health sector. These might include a decrease in investment for healthcare infrastructure and research, an increase in patient costs, potential job losses and a shift in corporate focus away from the UAE. Policymakers must therefore balance…
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Taxation Of Foreign Investor Income Under The UAE Corporate Tax Law
The income of Foreign Investors is exempted to some extent under the corporate tax, UAE subject to compliance with the law and satisfaction of given conditions to avail the benefits. It is important to mention that exemption is not blanket provided but only for certain types of income earned by…
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Corporate Tax And Economic Substance Regulations (ESR) In Free Zone, UAE
The United Arab Emirates (UAE) will impose a 9% corporate tax on companies operating within its borders beginning on June 1 of 2023. Companies with profits over AED 375,000 are the target of this tax. While Free Zone companies are initially exempt from this tax, certain conditions must be met…
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