A company subject to Corporate Tax in UAE must enroll with the Federal Tax Authority (FTA) and get a tax identification number under the time frame that the final constitution …
To renovate its economy in line with international standards, the UAE plans to implement the UAE corporate tax law in 2023. Considering that the UAE has long been regarded as …
The net revenue or profit of enterprises in the UAE is subject to corporate tax, a type of direct tax recently announced in the UAE. A competitive corporate tax regime …
As the UAE prepared for its shift away from an economy of oil domination, the implementation of corporate tax UAE was unavoidable, especially for large-scale companies. The recent corporate tax …
The Ministry of Finance of the United Arab Emirates made the announcement on the 31st of January 2022 that the UAE would implement a Corporate Tax (CT) and it will …
Read MoreTax Accountants Answer the Common Questions on UAE Corporate Tax
Companies in the UAE are now looking for ways to potentially lower the amount of corporate tax that they have to pay. Even if it is essential for companies to …
Read MoreCorporation Tax Planning in UAE: Tax Saving Strategies for Businesses
Corporation tax is determined by applying UAE regulations to the calculation process. Profits from selling goods or services, incentives, interests, investment income, and rentals are the various components that make …
The Ministry of Finance (MoF) of the United Arab Emirates (UAE) recently announced its plan to impose a new corporate tax (CT) regime on businesses starting June of 2023. …
Read MoreCorporate Tax (CT) Law to be Implemented in the UAE in 2023
A Holding company can be formed by local or foreign investors for the purpose of holding shares of other companies or for the purpose of acquiring other assets. One of …
Read MoreCorporate Tax in UAE for Holding Companies : An Overview
With the UAE all set to implement the corporate tax in UAE from 2023, next year, the aspect of compliance is of significant importance. Failure to comply with the new …