Guide to File Corporate Tax Declarations in the UAE
A declaration under corporate tax UAE is a statement that a taxable person must submit to the FTA to report their income and expenses for a financial year and calculate …
Corporate Tax
Who is Subject to Corporate Tax in UAE?
Definition of Legal Persons Under UAE Tax Law A legal person has distinct legal responsibilities and rights. These encompass the ability to engage in contracts, own assets, initiate legal actions, …
When Do Businesses Need Audited Financial Statements?
Audited financial statements are documents that confirm the correctness and entirety of a company’s financial records. They are prepared by qualified auditors who examine the company’s transactions, documents, and internal …
Guide to Qualifying Income & Permanent Establishment for Free Zone persons
Cabinet Decision No. 100 of 2023 delineates the contours of Qualifying Income, a pivotal concept in UAE corporate tax law outlined in Article 18. It encompasses distinct revenue streams, meticulously …
Overview of How Individuals Are Impacted by UAE Corporate Tax Law
As per the proposed new UAE corporate tax law coming into effect from or after June 1, 2023, individuals are subject to and exempt from corporate tax under certain criteria. …
UAE corporate tax Income of Non-resident persons
The income of non-resident persons is subject to corporate tax in the UAE if it is derived from UAE sources. This includes income from business activities and investments. For personalized …
