Taxation Services
Navigating the UAE taxation landscape can be complex - especially where trading, refining, and import/export activities face detailed regulatory oversight. Our comprehensive taxation services help businesses remain fully compliant while optimizing tax efficiency, aligned with UAE federal laws and international best practices.
Corporate Tax Advisory
Strategic structuring. Accurate filings. Risk-controlled compliance.
Corporate tax under Federal Decree-Law No. 47 of 2022 mandates accurate, audited financial statements and specific filing standards. We address industry-specific considerations such as valuation adjustments, refining costs, hedging transactions, and inventory accounting.
- Understanding tax obligations under UAE corporate tax
- Structuring operations to minimize tax exposure
- Preparing & filing tax returns accurately and on time
- Transfer pricing & related party disclosure compliance
- Supporting FTA audits & queries
VAT Compliance & Advisory
Structure smart. File right. Stay compliant.
VAT compliance is a critical component of doing business in the UAE, particularly for precious metal traders, refiners, and wholesalers operating under the special reverse charge mechanism.
BEPS & International Tax Compliance
Align globally. Reduce cross-border exposure.
The UAE has joined the OECD's Inclusive Framework on BEPS, affecting cross-border precious metal transactions, multinational trading entities, and investment-linked operations within the GCC.
Transfer Pricing Advisory
Defend margins. Align globally. Stay audit-ready.
Proper Transfer Pricing compliance has become essential for refineries, traders, logistics providers, and integrated precious metal groups - ensuring intercompany transactions reflect Arm's Length conditions, similar to those between independent parties.
Our Approach
- Identify related parties & review transactions
- Select the appropriate OECD pricing method (CUP, Cost Plus, TNMM, Resale Price, Profit Split)
- Benchmarking using LBMA feeds & market premiums
- Master File, Local File & disclosure preparation
- CbCR for groups with AED 3.15bn+ revenue
Audit & Risk Support
- Readiness reviews & risk assessments
- Intercompany agreement drafting
- Defense documentation & benchmarking updates
- Liaison with tax authorities during audits
Permanent Establishment (PE) Risk Assessments
Map exposure. Defend positions. Avoid double taxation.
Cross-border trading, agency arrangements, refining, storage, and logistics frequently create unintended PE exposure. Even limited activities - sales agents, sourcing offices, vaulting arrangements - may trigger PE under local tax laws or treaties.
Tax Risk Management & Dispute Support
Mitigate disputes. Protect enterprise value.
Tax disputes in the precious metals sector often involve VAT treatment, transfer pricing, PE exposure, and customs issues. We support structured tax governance and proactive risk management.
Why PE Risk Matters
Unmanaged permanent establishment exposure can result in unexpected corporate tax liabilities, retroactive tax assessments and penalties, double taxation risks, and regulatory or reputational challenges. For precious metals businesses, even limited activities such as sales agents, sourcing offices, vaulting arrangements, or logistics coordination may trigger PE under local tax laws or tax treaties - making fact-based, defensible PE analysis essential.
Tax Risk Management & Dispute Support
Precious metals businesses operate in a high-risk tax environment due to price volatility, complex supply chains, cross-border transactions, and evolving tax regulations. Tax authorities increasingly expect organizations to demonstrate structured tax governance and proactive risk management. Without a structured approach, tax risks can escalate into disputes and litigation, disrupt operations and banking relationships, and impact investor confidence and enterprise value.
Why Choose Insight Edge for Taxation Services
- Comprehensive UAE Tax Expertise — end-to-end tax advisory and compliance covering VAT, Customs, Transfer Pricing, and related indirect tax obligations, helping precious metals and jewellery businesses stay compliant while identifying opportunities for tax efficiency
- VAT Specialisation for Precious Metals — VAT treatment of investment-grade metals, jewellery, and making charges involves specific rules including zero-rating conditions and reverse-charge mechanisms for registered dealers that require specialist interpretation, not generic VAT advice
- Risk-Based Tax Management — our proactive approach identifies potential tax exposures before they become significant issues through regular compliance reviews and tax health assessments that strengthen internal controls and reduce financial risk
- Customs & Cross-Border Advisory — for businesses importing or exporting bullion and jewellery, we advise on customs duty treatment, documentation requirements, and cross-border compliance specific to precious metals movement
- Delivering Value Beyond Compliance — we combine technical expertise, industry knowledge, and strategic insight to help organisations manage tax obligations efficiently while creating long-term value
Frequently Asked Questions
Investment-grade precious metals (gold, silver, and platinum of 99% purity or higher, in tradeable form) generally qualify for VAT zero-rating under specific conditions, while jewellery and making charges are typically subject to standard-rated VAT, with a reverse-charge mechanism available for registered dealer-to-dealer transactions. Correct classification is assessed on a transaction-by-transaction basis.
Why Choose Insight Edge Global?
Exclusive focus on the precious metals industry
Expertise in Transfer Pricing for refineries, traders, and bullion logistics networks
Strong understanding of UAE Good Delivery Rules and industry pricing mechanisms
Compliance solutions aligned with UAE Corporate Tax Law and OECD guidelines
Practical, commercially aligned frameworks across audit, tax, and advisory
Institutionally credible approach to digital assets and bullion tokenization
Every precious metals business is unique. Let's discuss the specific audit, tax, or advisory needs of yours.
Contact Our Team