The UAE is giving a facelift to the country’s tax framework that every company needs to get wind of in 2026. It will be changes touching on UAE corporate tax,
corporatetaxuae
corporatetaxuae
A declaration under corporate tax is a statement that a taxable person must submit to the FTA to report their income and expenses for a financial year and calculate their corporate
The “Corporate Tax Law,” Federal Decree-Law No. (47) of 2022, was implemented in the UAE on December 9, 2022, and effected on June 1st, 2023. This initiative aims to bolster
The transfer of assets to a non-resident person in the UAE is one of the most important processes that have some legal, financial, and regulatory implications. The objective of this
As per latest UAE Corporate Tax Guide, “when a Free Zone Person fulfills specific conditions, it attains the status of a Qualifying Free Zone Person, thereby becoming eligible for a
The process of tax dispute litigation in the United Arab Emirates (UAE) describes the legal framework that allows the taxpayers to challenge decisions made by the Federal Tax Authority (FTA).
Taxable Persons engaging in specific business activities must be well-versed in the applications and elections available under the Corporate Tax Law. This article explores the various facets of applications and
To determine eligibility as a non-resident entity for corporate tax purposes, it is essential to differentiate between juridical entities and natural individuals. Non-resident juridical entities in the UAE are defined
Corporate tax in the UAE is self-assessed, which implies that firms are required to compute and report their taxes correctly. Taxable persons compute their taxes using the taxable income and
The UAE’s Federal Tax Authority (FTA) issued a Corporate Tax Guide for extractive and non-extractive businesses in December 2023. The guide is for entities involved in natural resources business activities
On November 11, 2024, the Federal Tax Authority in the UAE released “Tax Returns: Corporate Tax Guide | CTGTXR1” containing the instructions for UAE corporate tax returns guidance. The UAE
Partnerships are collaborative ventures involving entities such as companies and individuals engaged in investment management and business activities including joint ventures (JVs), Limited Liability Partnerships (LLPs) and general partnerships like
