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Hubbis

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Source: Hubbis

FAME Advisory Highlights Tax Execution Risks for Cross-Border Businesses in UAE

Cross-border businesses and families face potential tax pitfalls when corporate service providers misexecute structural tax plans, FAME Advisory DMCC founder Nirav Dinesh Kumar Shah told Hubbis. The introduction of UAE corporate tax has made entity management and compliance adherence critical, as foreign-incorporated entities managed from the UAE can trigger local tax exposure. Shah noted that proper alignment may require reassessing offshore entities, redomiciling to the UAE, or using foundation structures.

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