UAE Tax Structuring Advice – Artworks Trading

• Provided detailed advice on the underlying conditions for availing the UAE Qualifying Free Zone Person (“QFZP”) regime including broad risks of tax incentive disqualification and related practical substance / administrative requirements (including review and comment of the Artworks selling agreement to avoid QFZP regime being challenged by the Federal Tax Authority);
• Provided UAE tax advice on tax implications (direct and indirect taxes) of group companies restructuring and funding; 
• Practical recommendation to meet UAE substance requirements for double tax treaty and QFZP regime benefits.