International Taxation

In today’s globalized economy, International Taxation plays a crucial role in cross-border business operations. Our International Taxation services cover a broad range of areas that are essential for businesses with cross-border transactions, investments, or ownership structures. These include:

• Advising on Double Taxation Avoidance Agreements (DTAAs):
  The UAE has signed numerous DTAAs with countries around the world to avoid double taxation on the same income and promote international trade and investment. At Evas, we assess the applicability of relevant DTAAs, interpret treaty provisions, and help you claim the appropriate tax reliefs or exemptions based on residency and nature of income.
• Tax Residency Certificate (TRC):
  To benefit from DTAA provisions, a Tax Residency Certificate (TRC) issued by the UAE Ministry of Finance is often required. We assist businesses and individuals in determining eligibility and obtaining TRCs, ensuring proper documentation and timely application.
• Ultimate Beneficial Ownership (UBO) Requirements:
  International tax compliance also involves meeting UBO disclosure obligations, especially for entities with complex ownership structures. UBO regulations aim to enhance transparency and combat tax evasion and money laundering. We help businesses identify their UBOs, maintain updated records, and ensure accurate filing with relevant authorities.
• Cross-Border Withholding Taxes & Foreign Tax Credit Planning:
  We advise on withholding tax obligations on outbound payments (dividends, interest, royalties, etc.) and help structure transactions to minimize tax leakage, while ensuring that any foreign taxes paid are properly credited under applicable DTAAs.
• Permanent Establishment (PE) Risk Analysis:
  We analyze your international business activities to assess whether they create a PE in the UAE, which may lead to local tax liabilities.
• Top-Up Tax Assessment under Pillar Two (GloBE Rules):
  As part of the OECD’s BEPS 2.0 initiative, the Global Minimum Tax (Pillar Two) introduces a 15% minimum effective tax rate for large multinational groups (with global revenues above €750 million). We assist you in assessing potential Top-Up Tax liabilities under the GloBE Rules, analyzing jurisdictional effective tax rates, and determining whether your UAE entity could be impacted. We also provide guidance on potential safe harbors, filing obligations, and compliance strategies to manage the global minimum tax exposure.

With Evas as your international tax partner, you gain clarity and confidence in managing cross-border operations, staying compliant with regulations, and making tax-efficient decisions that support your global growth.