Deadline for filing and payment (if payable position) 30 September 2025 (nine months after FYE)Overview In landmark legislation published on 9 December 2022, the United Arab Emirates (UAE) introduced its corporate tax regime. This was in light of a general move towards a global minimum tax ...
If the Non-Resident Persons has both a Permanent Establishment and a nexus in the UAE, the deadline to submit a Tax Registration application for Corporate Tax to the FTA is the earliest of their respective deadlines. Starting from 1 January 2024, natural persons that are Resident Persons must...
Grace period provided to update information in UAE Tax records An Inspiring Visit: Mr. T.N. Manoharan on the Path to Success Connecting businesses globally, GION fosters collaboration and innovation to deliver seamless Audit, Assurance, Tax, Consulting and Advisory services to enterprises. MCA proudl...
The election can be made before the deadline for filing the CT return for a relevant tax period, and will then apply for that tax period plus the next four tax periods. After that, it would need to make a new election to not be treated as a QFZP. For the “Beneficial Recipient”...
With most companies operating on a fiscal year that ends on 31 December, the initial taxable period will be from 1 January 2024 to 31 December 2024. This sets thefiling deadline for the first UAE corporate tax return on 30 September 2025. ...
Lead on specific corporate tax projects as required, e.g. recent introduction of corporate tax regime in UAE – lead in advising clients as to impact for their entities and coordinate advice and/or actions to be taken with local affiliate. ...
Introduction of UAE Corporate Income Tax30/03/2023 On 9 December 2022, the UAE’s Ministry of Finance released new legislation on the taxation of corporations and businesses, which will apply to all taxable persons for financial years starting on or after 1 June 2023. Read our summary for ...
The Federal Tax Authority (FTA) of the United Arab Emirates has given a reprieve to firms that missed the deadline to register for value-added tax (VAT). Companies eligible for [...] Guide on Company Formation in the UAE United Arab Emirates has established itself as a safe, family frien...
The Federal Tax Authority (FTA) of the United Arab Emirates has given a reprieve to firms that missed the deadline to register for value-added tax (VAT). Companies eligible for [...] Guide on Company Formation in the UAE United Arab Emirates has established itself as a safe, family frien...
Tax ● Scope of application ● Dividends ● Interest ● Royalties ● FCT payment methods ● Taxing foreign e-commerce businesses ● Double taxation agreements Capital Gains Tax Value Added Tax ● Scope of application ● Goods or services where VAT declaration and payment are not required ● Exempt...