United Arab Emirates

In certain Emirates, branches of foreign banks are governed by special banking tax decrees, under which they are taxed at 20% of their adjusted taxable income.

Under UAE CT Law, branch of a non-resident person could be regarded as a Permanent Establishment in the UAE and the income attributable to such branch could be subject to UAE CT.

Additionally, the UAE does not have a branch profits tax. Repatriation of profits between branches and their head offices are also not subject to withholding tax (WHT) or other forms of repatriation tax in the United Arab Emirates.