In the ever-evolving business environment of the UAE, optimizing tax strategies is essential for corporate success. Qualifying Group Relief Guide (CTGQGR1) elaborating on Article 26 of the Federal Decree-Law No. 47 of 2022 under the Corporate Tax Regime provides a powerful tool for companies within the same group to improve their tax efficiency. Therefore, companies can attain relief from the Qualifying Group while transferring assets or liabilities within the same group without triggering a Corporate Tax gain or loss.

Benefits:

• Reduced Overall Tax Burden for the Group
• Strengthened Group’s Market Position
• Improved Financial Planning
• Tax Efficiency
• Strategic Flexibility
• Simplified Compliance
• Enhanced Competitiveness