What are the five essential aspects businesses should understand about the newly implemented corporate tax system in the UAE?Definition of UAE Corpora...
What are the key registration deadlines for different types of entities under the recent UAE corporate tax update?The Federal Tax Authority (FTA) of t...
What are the essential steps and considerations businesses should undertake to prepare effectively for UAE corporate tax filing?For businesses, tax fi...
Corporate tax, also known as corporate income tax or business profits tax, is a direct tax that businesses must pay on their net income or profit. Thi...
When Must Businesses Register for VAT?Mandatory Registration:UAE-based businesses must register if their taxable supplies and imports exceed AED 375,0...
Registration Requirements for Value Added Tax (VAT)Types of RegistrationAny business that surpasses the mandatory or voluntary registration thresholds...
To assist you in successfully completing the formalities for VAT registration, we have provided a step-by-step process for applying for VAT registrati...
A general anti-abuse rule is used to prevent the use of ‘abusive’ transactions or arrangements, which may be legal within the parameters of the Law, b...
Taxable Persons are required to maintain records and documentation that:• support the information provided in a Tax Return or in any other document to...
Certainty is an important hallmark of an efficient tax regime, and it is considered international best practice to create a stable tax environment in...
Consistent with Corporate Tax being a self-assessed regime, Taxable Persons should pay Corporate Tax and file their Corporate Tax Return within 9 mont...
In order to apply some of the provisions in the Corporate Tax Law, Taxable Persons will need to make the relevant elections or applications.Elections...
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