Under the UAE’s Corporate Tax regulations, Qualified Free Zone Individuals can avail of a zero percent tax rate on qualifying earnings arising from qualifying activities. The term qualifying activities pertains …
This article outlines the process for deregistering Taxable Persons for Corporate Tax purposes in UAE. Deregistration can occur when the person’s business or business activity ceases to exist, on conditions …
The UAE has introduced the “Corporate Tax Law” (Federal Decree-Law No. 47 of 2022), setting the stage for the implementation of Federal Corporate Tax effective from June 1, 2023, for …
As part of its goal to become a significant worldwide Centre for business and investment, the UAE has implemented a competitive CT system in light of current international tax trends. …
Regular tax planning in compliance with statutory tax regulations and standards is an essential facet for businesses which noncompliance accrues hefty fines and penalties. Therefore, for businesses to combat tax …
