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THE LATEST FROM INSTAGRAM
THREE TAX TITANS Together at last on ONE discussi THREE TAX TITANSTogether at last on ONE discussion panel, PB First is pleased to announce an hour of unparalleled tax knowledge and experience from three of the international tax world's brightest luminaries. Dr Peter Wilson will be joined by Dr Leopoldo Parada and Dr Alicja Reuben for a detailed dive into the complex world of UAE Foundations. Gain insights into Direct Asset Ownership. Tax Elections and Cross-Border Classification Risks that you simply can't access from the usual newsletters and circulars.Table your questions promptly and get definitive and insightful answers from this pre-eminent team.Register here https://bit.ly/4z4p9NNDate: 15th October 2026 - Time:10 AM-11 AM#pbfirstglobaltax #FoundationsInUse #UAEFoundations #InternationalTax #TaxAdvisory #CrossBorderPlanning #RAKICC
PB FIRST GLOBAL TAX ARE NOW AN HMRC REGISTERED AGE PB FIRST GLOBAL TAX ARE NOW AN HMRC REGISTERED AGENTHMRC registration is not easy to achieve, so we’re pleased to have this recognition from the UK.We are registered to fully liaise with HMRC including objecting to assessments and lodging appeals throughout the process.Four PhDs in Tax - always on board and ready to advise you now.Eleven Tax staff – waiting to assist our clients with their tax affairs.OUR EXPERTISE, YOUR ADVANTAGE.Based in the UAE- helping worldwide clients deal with HMRC. Email: mailto:admin@pbfirstglobaltax.comWeb: https://pbfirstglobaltax.com#Pbfirst #Pbfirstglobal #Pbfirstglobaltax #Hmrcagent #Hmrc #UKtaxadvice
We have assisted many clients with their transfer We have assisted many clients with their transfer pricing documentation requirements in the first 6 months of 2026.Here’s a sample of work we’ve done so far:Local FileReal Estate - UAEDigital - LebanonAdvanced Pricing AgreementPharmaceuticals - Canada, Japan & USAConnected PersonsConsulting - UAEFund Management - MaltaManufacturing - UAEProfessional Services - SwitzerlandBenchmarking and Functional AnalysisCarbonated Soft Drinks - TurkmenistanProfessional Services - UAE & UAEProduction of Construction Fixtures: Glass - USA, UAE, Australia, Hong Kong, ChinaCall Centre Services - South Africa & UAEOil & Gas - Netherlands, UAE & SingaporeRenewable Energy - Spain & UAEConstruction, Real Estate, Sports Equipment, Food - UAEAdvisory, Corporate Services, Consulting - UAEPlastics / Fittings - UAEFootball Clubs - UKOnline Gaming - South AfricaCryptocurrency, Digital Assets - St. Kitts & Nevis, BVI, Seychelles, CyprusRead the full article here... https://pbfirstglobaltax.com/transfer-pricing-documentation/
Let PB First help you with this new challenge! Ne Let PB First help you with this new challenge!New UAE Compliance Requirement for Free Zone Distributors — FTA Decision No. 6 of 2026:What has changed:The FTA has introduced a mandatory additional procedure for potentially Qualifying Free Zone Persons (QFZPs) engaged in the distribution of goods or materials in or from a Designated Zone to qualify for the 0% rate of corporate tax. Failure to complete the procedures means that 9% rather than 0% tax rate is payable.Key requirements:A QFZP must obtain an agreed-upon procedures (AUP) report from an independent licensed auditor, prepared under ISRS 4400 as issued by the IAASB. The report must verify two things: (1) customers are genuine resellers (or process/alter goods for resale), and (2) imported goods enter the UAE through a Designated Zone The testing is sample-based, using a prescribed statistical formula with a 10% margin of error, focused on the highest-value customers, contracts, and imports. The AUP report must be filed with the FTA within 30 days after the Corporate Tax return deadline ie the end of October for a 31 December year end client. Failure to submit means the distribution activity conditions are deemed not met — putting the 0% Qualifying Income benefit at risk.The FTA's reliance on ISRS 4400 constitutes an alignment with international tax and assurance practices, moving toward evidence-based, substance-driven compliance consistent with global standards. For UAE free zone businesses, this raises the bar: robust documentation (customer licenses, reseller declarations, customs records, inventory logs) is no longer best practice — it's a condition for preserving the 0% rate.We have developed a listing of the information to be obtained, the process to be completed and the documents to be assembled. We can retain the documents and share them with the auditor and respond to the auditor’s questions. We can also introduce a taxpayer to an audit firm PB First has pre-validated as being competent to prepare the report. And finally, we will ensure the report fairly represents your position.#UAE #CorporateTax #FreeZone #FTA #TaxCompliance #TransferPricing #QFZP
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PB First FZ-LLC is incorporated in Ras Al Khaimah, United Arab Emirates, with a consultancy trade license number RAKIA74FZ311168803 and is situated at B4-603A6 Business Center 04, RAKEZ Business Zone–FZ, Ras Al Khaimah, United Arab Emirates. It also has a visiting office at Suite 604/1, Sixth Floor, Magnum Opus Tower, Al Seef Street 1, Barsha Heights, Dubai, United Arab Emirates. PB First FZ-LLC’s VAT registration number is 100423059300003, and its corporate tax registration number is 100423059300001.

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