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LexVerge. · Insights

Perspectives from the practice

Sourced, practical analysis on cross-border tax, structuring and compliance across India, the UAE & the USA.

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Sep 2, 2024

Cross-Border Structuring Across India, the UAE and the USA: A Practical Primer

Groups spanning India, the UAE and the USA face three tax systems at once. This primer shows how the headline rates and treaties f…

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Sep 2, 2024

Setting Up a Company in the UAE: Free Zone vs Mainland

A UAE business can be set up in a free zone or on the mainland. Since June 2021, most mainland activities allow 100% foreign owner…

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Sep 2, 2024

GILTI Becomes NCTI: How US Tax Reaches Your Indian Subsidiary from 2026

The US taxes American-owned foreign subsidiaries under the GILTI regime, renamed Net CFC Tested Income from 2026. The effective ra…

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Sep 2, 2024

India Corporate Tax Rates in 2026: 22% Standard vs 15% for New Manufacturers

Indian companies can elect a 22% corporate tax rate under Section 115BAA, and new manufacturers a 15% rate under Section 115BAB. H…

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Sep 2, 2024

The India-UAE Tax Treaty (DTAA): Withholding Rates and How Relief Works

The 1993 India-UAE Double Taxation Avoidance Agreement caps withholding at 10% on dividends, 12.5% on interest and 10% on royaltie…

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Sep 2, 2024

Qualifying Free Zone Person: How to Keep the 0% UAE Tax Rate

A Qualifying Free Zone Person can retain a 0% UAE corporate tax rate on qualifying income. Here are the conditions and the de mini…

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Sep 2, 2024

UAE Corporate Tax Explained: the 9% Rate, the 0% Band, and Who Pays

The UAE charges 0% corporate tax on the first AED 375,000 of taxable income and 9% above it, effective for financial years startin…

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