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Food & Beverage

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The UAE Federal Supreme Court recently dismissed an appeal filed by the Federal Tax Authority (FTA) against taxes and administrative fines and penalties imposed by the FTA against a UAE company, a Dubai based beverage distributor, in connection with excise taxes. Baker McKenzie Habib Al Mulla represented the company. The court also ordered that the FTA repay the full amount of the penalties to the company. This was considered to be the first time the…

Businesses in the UAE have by now, adapted to conducting their operations within the new VAT regime. Although the UAE VAT Law remains relatively new and contentious with many companies continuing to grapple with the emerging issues and ultimately with the Federal Tax Authority’s (FTA) interpretation of the law. There have been a few cases to date that involved successful challenges to the FTA’s assessment on taxes and penalties, where the UAE courts had intervened…

On 2 July 2019 the United Arab Emirates (UAE) Cabinet announced the relaxation of foreign ownership restrictions for 122 business activities specifically in the manufacturing, agricultural and services categories. This follows the issuance of the new Foreign Direct Investment (FDI) Law in September 2018 to open up the UAE mainland market to foreign investors.