The United Arab Emirates (UAE) has recently released a new guideline on determining tax residency. The guideline aims to clarify the criteria for tax residency in the country and provide guidance for individuals and businesses that operate in the UAE. In this blog, we will...
The tax system in the UAE gives surprises to the residents from income tax to Value Added Tax. The best fact about the UAE is that there is no federal income tax which can be an advantage for the people who run a business in...
The UAE introduced corporate tax back in January 2022 and also released a consultation paper in April 2022. After this UAE authorities published the Federal Decree-Law No.47 of 2022 which is referred to as the Corporate Tax Law. It is true that business is going...
After the announcement of the UAE corporate tax by the authorities all businesses are alert now and get updates about this tax regime. The UAE corporate Tax will be applicable on 1st June 2023 and a taxable person or business will be subjected to a...
On 9 December 2022, the UAE Ministry of Finance released Federal Decree-Law No. 47 of 2022 to introduce a new corporate tax regime in the UAE. The new UAE corporate Tax regime will be effective for accounting periods beginning or after 1 June 2023. The corporate...
As the authorities in UAE announced the introduction of corporate tax and which will be implemented on 1st June 2023. According to the UAE corporate law, a taxable entity will be subjected to a 9% corporate tax from the start of their relative financial year...
Corporation Tax In UAE The authorities in UAE announced the introduction of corporate tax and it will be implemented on 1st June 2023. According to the law, a taxable business or a person will be subjected to a 9% corporate tax from the start of their...
A tax return is filed by the taxable person for a particular tax period with the compliance of corporate tax payment and liability. A tax return is also known as UAE Corporate tax return which is to be filed within a certain period of time...
The authorities in UAE had already announced the introduction of corporate tax in 2022. The corporate tax or CT is now applicable across the UAE and businesses must start preparing for corporate tax registration. Since the corporate tax is announced, there is a buzz going...
The UAE is ready to bring new changes in 2023 with new laws to modernize the legal system. These new changes include strengthening workers’ rights, modernizing the legal system, and boosting Emirati partnerships in the private sector. Life will be affected after the implementation of the...
