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Overview of the Group (1/3)

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Entities incorporated outside UAE
Entities incorporated inside UAE

Not Covered Entities

Entities incorporated outside UAE
Entities incorporated inside UAE

Not Covered Entities

3. Tax Grouping Considerations
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• • •


  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •

• • 
•

•
•

•
•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• • •

❑
✓
❑
❑


✓
 •
Lary Investments Q Equity Facilities
Co. LLC Management LLC
•

70% 30%

Pearl Bridge
Investments LLC
(Dubai, UAE)
Alain Khail
75%

Futura Education 25%

Investment LLC
(Dubai, UAE)

100%

Step by Step
Nursery LLC
(Dubai, UAE)

UAE Entities forming the tax group

Not Covered Entities
 •

CedarBridge Capital Partners

(CBCP) •

Class A Shares - 100% CBCP

Class B shares – 100% Investors

CedarBridge High Growth 2 (CBHG2) – BVI and

Co-Investors

Class A Shares - 100% CBCP

Class B shares – 100% CBHG2

CedarBridge
Venture 9 LTD
(RAK, UAE)

100%

Eton Institute
FZ-LLC
(Dubai, UAE)

Entities incorporated outside UAE

UAE Entities forming the tax group
 •

Class A Shares - 100% CBCP

Class B shares – 100% Investors •

Class A Shares - 100% CBCP

Class B shares – CBHG 31.72%, CBHG1
3.99% , Co-Investors 64.29%

100%

CedarBridge
Venture 6 LTD
(RAK, UAE)

100%

Beauty Tribe LLC

(Dubai, UAE)

Entities incorporated outside UAE

UAE Entities forming the tax group
 Key observations for the Covered Entities

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•

•
•
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•
❑
❑

❑
UAE Entities forming the tax group Entities incorporated outside UAE Entities incorporated outside UAE

Not Covered Entities UAE Entities forming the tax group UAE Entities forming the tax group
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •

❑
•
 ❑

•
•

• •
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• • •

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•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• • •

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•
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•

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 •
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➢
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4. Scope of UAE CT
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

•
•


•

•
•

•
▪
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• • •


  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •


•

•
5. Freezone entities- Analysis based on Freezone
Cabinet decisions
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •

• 

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •

•


•
•
6. Calculation of Taxable Base
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• • •


• •

• •

Ministerial Decision No. 114 of 2023

 ✔

✔
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •


•

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

•
•

•

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

•
•
•

•


•
•

•
•

•
•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable


•

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

•
•
•


•

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

•


•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •

❑  •
❑

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •


• ❑

❑
•
•

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •

•


•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• • •

•
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•


•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• • •

❑
❑
•
❑

•

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• • •


•

•
•

• •
•

•
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•

•
7. Compliance Requirements
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• •
•

•
•

•
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

•
 •

•
✔
✔
✔
✔ ✔
✔ ✔
✔ ✔
✔ ✔
✔ ✔
✔ ✔
✔ ✔
✔
✔ ✔
✔ ✔
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

• 
• 
• 
• 
•  •
• 
•  •

• 
•  •

• 

•


• 
• 
• 
•
• 

• •

  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

 •

•
• 

• •

• •


• 
•  •
• 
• 
•
• 
•  •
• 
• 
• 
• 
• 
• 
• 
• 
• 
  Non-taxable / Out of scope / low risk
 Medium risk / important consideration
 High risk / Taxable

•
• 

•
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•  •

•  •
•  •
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
TP Applicability
Overview Analysis
•

•
•

➢
•
➢

➢
Overview

•
•

➢
Controlled Transactions
Next steps to mitigate TP risks
FAR Analysis Benefits
•

Recommendations
Benchmarking Study / Analysis

Benefits

Risks

Recommendations
Group Transfer Pricing Policy

Risks
Benefits

Recommendations
Supporting documentations Benefits

Risks

Recommendations
Appendices
Appendix A – CT Provisions
•

▪ •

▪ ✓

▪ ✓
✓
✓

✓
✓
✓
✓
✓

•
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•

❑
❑
•

•
➢
➢
➢
➢
•
•
➢
➢
➢
•

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 •
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•

* Cabinet Decision No. 55 of 2023

Ministerial Decision No. 139 of 2023
•

•
•

•
•
•
•

•
Appendix B – CT Applicability
Appendix C – Transfer Pricing
Appendix 1 – Related Party
Attached separately
Appendix 2 – Connected Person
Attached separately
Appendix 3 – Risk and recommendations
Attached separately
Appendix 4 – Transactions within proposed Tax Group
Attached separately