The UAE’s Federal Tax Authority (FTA) has launched early registration for corporate tax through the EmaraTax platform for digital tax services. The Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses stipulates that taxable persons and businesses will be subject to ...
Corporate Tax Advisory Services in UAE Navigate UAE Corporate Tax regulations with VATBOX Tax Agency! Discover insights on Tax rates, Compliance, and Expert guidance for UAE businesses. VAT BOX is the leading Tax Advisory services provider in the UAE, offering a range of services aimed at ...
Corporate tax is charged 0% if your entity operates outside the UAE, within the same free zone or within any other free zone. If your entity belongs to a free zone but your income from the mainland is passive, your corporate tax will be calculated at 0%. However, you have to pay 9...
As eligible companies will need to start registering and filing for UAE corporate tax, this article will offer a clear guide for compliance in the UAE. What is corporate tax? Also referred to as corporate income tax or business profits tax, corporate tax is a direct tax levied on the net ...
The United Arab Emirates (UAE) Federal Tax Authority is introducing the corporate income tax law (UAE Federal Decree-Law No 47 of 2022 – Taxation of Corporations and Businesses) in 2023. It will have a significant impact on businesses operating within the country. This new law will bring the...
The UAE allows qualified business entities to take advantage of a 0 percent corporate tax rate in free zones. We discuss the criteria.
UAE has issued a Federal Decree-Law on Taxation of Corporations and Businesses, under which they will become subject to UAE Corporate Tax from the beginning of their first financial year that starts on or after 1 June 2023. The UAE’s Corporate Tax regime will levy a standard rate...
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 ...
UAE Corporate Tax: Dubai Emirate Law No. 1 of 2024 - Taxation of foreign banks 5 minute read March 13, 2024 Share In brief On March 7, Law No. (1) of 2024 (“Law”) on taxation of foreign banks operating in Dubai was issued by the Ruler of Dub...
UAE Corporate Tax - "Qualifying Group Relief" Guide and "Business Restructuring Relief" Guide Key Takeaways May 2024 "Qualifying Group Relief" Guide The Federal Tax Authority (FTA) has released a comprehensive Corporate Tax (CT) Guide on Qualifying Group (QG) Relief. This guide serves a...