AJMS LG

Common Transfer Pricing perceptions often don't align with business & regulatory reality. At AJMS, we're helping businesses understand these crucial differences that can significantly impact their Corporate Tax compliance. The reality is more nuanced and requires careful consideration of all Related Party transactions. Our latest analysis challenges these conventional views and provides strategic insights for UAE businesses navigating the Transfer Pricing landscape. Ready to revisit your Transfer Pricing assumptions? Let's connect support@ajmslg.com #UAETax #TransferPricing #CorporateTax #UAEBusiness #TaxAdvisory #AJMS Dr. Abhishek Jajoo Komal Dhoot Vivek Mundhra CA Gaurav B. Alok Bishnoi Rizwan Khan Naveen Chawla Ajit Jain CA Darshika Agrawal

Transfer Pricing is not a subject of compliance but it is subject of corporate governance....

In today's global business landscape, transfer pricing isn't just about compliance—it's about strategic value creation. 🌍 This 𝐓𝐫𝐚𝐧𝐬𝐟𝐞𝐫 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐂𝐨𝐧𝐭𝐫𝐨𝐥-𝐑𝐢𝐬𝐤 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 captures a crucial insight: as we move from routine operations to strategic decisions, the interplay between control and risk becomes increasingly sophisticated. It maps the journey from: ✅ Limited Control: Routine activities ⚙️ Active Control: Operational oversight 🌟 Strategic Control: Value creation and risk management The key? Your transfer pricing strategy must evolve with your risk appetite. As stakes increase, so should your control mechanisms. Where does your organization sit on this spectrum? Are your control mechanisms aligned with your risk exposure? Let's discuss how this framework applies to your business reality at support@ajmslg.com Dr. Abhishek Jajoo Komal Dhoot Vivek Mundhra CA Gaurav B. Rizwan Khan Alok Bishnoi Naveen Chawla Ajit Jain CA Darshika Agrawal

Tax Alert: Key Amendments to UAE VAT Executive Regulations The Federal Tax Authority (FTA) has announced significant updates to the Executive Regulations of the UAE VAT Law. These amendments, effective as of 4th October 2024, impact various aspects of VAT compliance, including a new definition for virtual assets, changes in VAT treatment, and other important adjustments. At AJMS Global, our team is ready to guide you through these updates and ensure your compliance with the latest regulations. For more details, visit our website or get in touch with us. #AJMSLG #TaxAlert #VAT #UAE #TaxUpdates #Compliance

Managing global intercompany transactions? The Transactional Net Margin Method (TNMM) ensures your profits align with value creation and tax compliance across borders. Check out this quick guide on how TNMM can streamline your transfer pricing process! For any support please reach out to support@ajmslg.com #TransferPricing #TaxCompliance #TNMM #GlobalBusiness

𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐔𝐀𝐄 𝐓𝐫𝐚𝐧𝐬𝐟𝐞𝐫 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐃𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐅𝐨𝐫𝐦 As part of the UAE's evolving tax landscape, the Federal Tax Authority (FTA) has released the UAE Transfer Pricing Disclosure Form, a critical compliance requirement under the new Corporate Tax Law. 🚀 We're excited to share a comprehensive FAQ guide to help businesses understand: ✅ Who needs to submit the form 📋 What specific information must be reported ⏰ Key deadlines and penalties for non-compliance 💡 Practical insights on related-party transactions, connected persons, and gross value reporting 📅 Reminder: The form is due within 9 months of your tax period end, and it’s fully integrated into the UAE Corporate Tax Return. Stay compliant and avoid penalties by understanding these key requirements! For any query or support please reach out to support@ajmslg.com Dr. Abhishek Jajoo Komal Dhoot Vivek Mundhra CA Gaurav B. Alok Bishnoi Rizwan Khan,MSC Financial Crime, Manchester Univ. (DFSA Approved Fintech MLRO) Naveen Chawla Ajit Jain CA Darshika Agrawal

🚨 Important Update for Businesses in Saudi Arabia 🚨 The Zakat, Tax and Customs Authority (ZATCA) has announced the 16th wave of Phase 2 of e-invoicing integration. Starting from 01 April 2025, businesses with a taxable turnover exceeding SAR 3 million in 2022 or 2023 will be required to integrate their e-invoicing systems with the Fatoora platform by 30 June 2025. 💼 Action Required: If your business falls within this threshold, ensure your IT systems are ready for integration to avoid non-compliance penalties. Need support with the implementation or further clarification on this? Feel free to reach out to our tax experts at AJMS Global. 📧 support@ajmslg.com 📞 +971 58 120 6294 🌐 www.ajmsglobal.com #EInvoicing #SaudiArabia #ZATCA #TaxCompliance #Fatoora #BusinessUpdate #DigitalTransformation #Taxation #BusinessSolutions #AJMSGlobal #EInvoicingIntegration #Compliance #SMEs #BusinessGrowth

Ever wonder how small business decisions can have a 𝐛𝐢𝐠 𝐢𝐦𝐩𝐚𝐜𝐭 on your tax situation? 💡 Check out this 𝐞𝐲𝐞-𝐨𝐩𝐞𝐧𝐢𝐧𝐠 𝐜𝐨𝐧𝐯𝐞𝐫𝐬𝐚𝐭𝐢𝐨𝐧 between a tax consultant and a company operating as a limited-risk distributor (LRD). 👉 It reveals how 𝐚𝐝𝐚𝐩𝐭𝐢𝐧𝐠 𝐭𝐨 𝐬𝐮𝐩𝐩𝐥𝐲 𝐜𝐡𝐚𝐢𝐧 𝐢𝐬𝐬𝐮𝐞𝐬 by taking on more responsibilities can unexpectedly change a 𝐜𝐨𝐦𝐩𝐚𝐧𝐲'𝐬 𝐜𝐡𝐚𝐫𝐚𝐜𝐭𝐞𝐫𝐢𝐳𝐚𝐭𝐢𝐨𝐧. The twist? 🎯 Sometimes you're caught between two classifications, making documentation crucial. 💡 𝐊𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲:: In 𝐭𝐫𝐚𝐧𝐬𝐟𝐞𝐫 𝐩𝐫𝐢𝐜𝐢𝐧𝐠, 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐝𝐨 matters more than 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮𝐫 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐬 𝐬𝐚𝐲. Even temporary changes can bring issues. 📌 Whether you're in finance, tax, or business operations, this quick read offers valuable insights on aligning your actions with your tax strategy. Dr. Abhishek Jajoo Komal Dhoot Vivek Mundhra CA Gaurav B. Alok Bishnoi Rizwan Khan,MSC Financial Crime, Manchester Univ. (DFSA Approved Fintech MLRO) Naveen Chawla Ajit Jain CA Darshika Agrawal

The FTA has introduced a new feature in the Emaratax Portal that allows businesses to change their entity type without the need for deregistration! This feature is especially useful for businesses that were initially registered for VAT under an incorrect entity type and are now transitioning to Corporate Tax. At AJMS, we believe this new feature simplifies tax management, ensuring smoother transitions without interruptions in your registration status. For more insights and updates, visit us at www.ajmsglobal.com 🌍 #UAE #Tax #Emaratax #BusinessUpdates #CorporateTax #VAT #AJMSGlobal #TaxAdvisory

𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 𝐟𝐨𝐫 𝐔𝐀𝐄 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 The FTA has extended the corporate tax filing deadline to December 31, 2024, for certain entities. This gives qualifying companies incorporated between June 1 and September 1, 2023, extra time to prepare their first returns. ⏳💼 🔑 Key Insights: Extended Deadline for eligible businesses. Extra time to ensure compliance and prepare your first corporate tax return. Make sure your business qualifies for this extension! 👉 Want to learn more? Contact support@ajmslg.com for expert guidance on UAE tax matters. Stay compliant and capitalize on this opportunity! ✅📅 Dr. Abhishek Jajoo Komal Dhoot Vivek Mundhra CA Gaurav B. Alok Bishnoi Rizwan Khan,MSC Financial Crime, Manchester Univ. (DFSA Approved Fintech MLRO) Naveen Chawla Ajit Jain #UAETax #CorporateTax #TaxExtension #BusinessInUAE #Compliance #TaxStrategy