United Arab Emirates Ministry of Finance has updated its Country-by-Country (CbC) Reporting webpage with additional information on the country's CbC reporting and CbC notification requirements. This includes English-language materials presented during a workshop held in October 2019 and a summary of frequently asked questions during that workshop, as well as links to the CbC notification form and a constituent entities template. As previously reported, the UAE has decided not to impose secondary local filing requirements but does require a CbC notification from constituent entities of a foreign MNE group in the UAE. If there are multiple constituent entities, one may be designated to submit the notification. The first notifications are due by 31 December 2019.
Note - At the time of writing, there were technical issues with loading the CbC notification form link, which is expected to be resolved shortly to allow for notification filing by the end of the year.
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