For corporate tax purposes, Exempted Persons are required to comply with the Federal Tax Authority Decision No. 11 of 2023, which requires exempt persons to submit a declaration to confirm
Exempt Person
Corporate Tax exemptions are allocated to certain persons, classified as ‘Exempt Individuals,’ serving specific public interests and policy objectives, among other factors. Thus, businesses should seek the expert services of
Ministerial Decision No.116 of 2023 stipulates the conditions for Participation Exemption, exempting companies from paying corporate income tax on dividends, profit-sharing, and capital gains from “participating shares for corporate tax
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
UAE government issued the Federal Decree-Law No. 47 of 2022 on the Taxation of Enterprises and Firms (hereafter known as the “Corporate Tax Law”). For financial years beginning on or
The government of UAE has issued the legislation of Federal decree law no. 47 on December 9, 2022, making the implementation of corporate tax next year a must. This is
