UAE Company Tax: New companies may contemplate separate licences without cost zone, mainland operations

Except the UAE Cupboard selections don’t allow a FZ entity to have mainland-sourced earnings, the enterprise can discover the opportunity of having a separate mainland licence and supply to tax the mainland-sourced earnings. In such circumstances, the free zone entity ought to be sure that separate set of books are maintained and the transactions inter se between the mainland and free zones divisions are at arms-length and topic to switch pricing rules

– Nimish Goel of WTS Dhruva Consultants