One of the important benefits of running a business in a UAE Free Zone is the potential to enjoy a 0% corporate tax rate. However, this advantage comes with conditions. To remain eligible for this tax-free status, businesses must ensure their revenue from mainland UAE customers...
The UAE Corporate tax has recently introduced an important change to its corporate tax panorama with the issuance of Cabinet Decision No. 35 of 2025, which updates the policies surrounding the "nexus" for Non-Resident UAE buyers. This new law aims to make sure that the...
The introduction of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses marked a considerable shift within the UAE's tax landscape, with the real-estate sector being especially impacted. While the preliminary draft of the UAE corporate tax law left many factors...
In current years, company sustainability has emerged as greater than only a buzzword for groups throughout the globe. With developing environmental and social concerns, there's a sturdy shift in the direction of integrating sustainable practices into company strategies. For UAE corporations, sustainability reporting isn't always...
The UAE Federal Tax Authority (FTA) has brought a significant initiative to streamline corporate tax compliance for family foundations via the EmaraTax digital platform. This shift permits eligible family foundations to use for treatment as unincorporated partnerships, reflecting the UAE's dedication to improving its tax...
The accounting industry within the UAE is undergoing a significant transformation, driven by technological advancements, regulatory adjustments, and evolving business needs. As Dubai continues to solidify its role as a global financial hub, the demand for best accounting services in Dubai is surging. This blog...
The United Arab Emirates (UAE) keeps refining its Value Added Tax (VAT) system to enhance its clarity, address rising economic activities, and streamline compliance. Recent amendments to the Executive Regulation of Federal Decree-Law No. 8 of 2017 on Value Added Tax, introduced by Cabinet Decision...
As the UAE maintains to conform its tax panorama, especially with the advent of corporate tax beginning on June 1, 2023, and effective for financial years starting on or after this date, companies should be well-organized for tax audits. The Federal Tax Authority (FTA) conducts...
The UAE has made significant strides in improving its competition law framework, introducing pivotal changes to merger control which might be anticipated to reshape the regulatory panorama for businesses. The new government policies for Federal Decree-Law No. 37 of 2023 at the Regulation of Competition...
The Federal Tax Authority (FTA) within the UAE has issued an important reminder for companies and taxpayers: the grace period for updating your tax records ends on 31 March 2025. This grace-period lets companies to update tax records UAE without incurring administrative penalties, supplying a...
