Non-Deductible Expenditure in Corporate Tax
The United Arab Emirates (UAE) has recently enacted the UAE Federal Law No. 7 on Tax of Corporations and Businesses for the fiscal year 2022 setting out the UAE corporate …
corporatetaxuae
corporatetaxuae
Calculating Corporate Tax Payable: A Comprehensive Overview
United Arab Emirates (UAE) has recently enacted a new Corporate Tax Law which may have vast consequences for the businesses operating within the country. According to the UAE’s Corporate Tax …
Change Corporate Tax Period | Taxpayer User Manual
The taxable entity looking to change its corporate tax period to align the financial year or tax period with the overseas parent company or to adopt the rationalization with other …
Losing Qualifying Free Zone Person Status
UAE Qualifying Free Zone Persons enjoy zero percent corporate tax on Qualifying Income. However, this exemption is granted and its continuity is secured only under the certain conditions by following …
Private Pension Funds and Social Security in the UAE
The laws pertaining to social security and pensions, including private pensions and social security plans, have undergone significant modifications in the UAE. Public and private employers are required to register …
Understanding Corporate Tax Refund in the UAE
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 …
