Filing a corporate tax return is a legal requirement for companies operating in the UAE, and penalties are charged in case of failure to file a tax return. The UAE corporate tax laws are published. Also, companies are preparing to file their corporate tax returns within the time frame set by the Federal Tax Authority …
How To Navigate Corporate Tax Compliance In The Uae: Tips For Businesses Read More »
How long has it been since anyone evaluated the Corporate Tax financial picture and updated your plans to reflect changes in the economic and political landscape? With swirling headlines on inflation, high-interest rates, job losses, and failing banks, it’s easy to get dissuaded from tending to your financial future and get by on autopilot, letting …
Corporate Tax Planning in the UAE: Strategies to Minimize Your Company’s Tax Liability Read More »
The basic concept of corporate tax is to help the UAE achieve its strategic goals and run its development and modification. The reliability of a competitive Corporate Tax UAE system in line with international standards and the UAE’s vast network of double taxation agreements will strengthen the UAE’s position as a leading authority for business …
A Comprehensive Guide to Corporate Tax in the UAE: Everything You Need to Know Read More »
The UAE has been a very low tax jurisdiction for about a decade. Citizens pay no taxes on their income, and most companies never pay any corporate tax. The UAE has officially enacted a federal decree imposing a corporate tax of 9% on taxable corporate profits exceeding AED 375,000. The law, set to commence on …
This indicates the beginning of a new era of business taxation for resident companies and non-residents with a permanent establishment in the UAE, as they face the corporate tax UAE law, which will be implemented on June 1, 2023—aims, among other things, at international standards for tax transparency and avoidance of harmful tax practices. It …
