Everything About Corporate Tax in UAE
Everything You Need to Know About Corporate Tax In January 2022, the UAE Ministry of Finance made a big announcement about bringing in Corporate Tax across the United Arab Emirates. The new law started on 1st June 2023. This tax is called Corporate Income Tax, and it gets charged on profits. The UAE isn’t the […]
Corporate Tax Requirements for Business Branches UAE
Corporate Tax Requirements for Business Branches in UAE The UAE gives people many reasons to start a business, from a strong economy to a safe business environment. However, the introduction of UAE Corporate Tax, set to begin on or after June 1, 2023, will change the rules for companies in the UAE. Now, businesses and […]
Withholding Tax Rates in GCC Countries
What is Withholding Tax and its Rate in GCC Countries? Many investors choose the Gulf Cooperation Council (GCC) region because of the tax-friendly rules. The GCC countries want to attract global business. But to grow their economies, these countries now add new taxes and rules from time to time. One tax that often affects foreign […]
Financial Records for Corporate Tax UAE
Financial Records for Corporate Tax Registration and Return Filing The UAE Government made a big decision when it brought in federal Corporate Tax (CT) on company profits. Since June 2023, businesses in UAE have to deal with these new tax rules. People used to call the UAE a tax-free zone, but those days are changing […]
Transfer Pricing Rules & Methods UAE
Transfer Pricing Rules and Their Application in UAE The UAE has taken important steps to bring its corporate tax law in line with global standards. Now, every business that deals with related parties or companies in other countries must understand how transfer pricing works. Knowing about transfer pricing helps companies follow the law, avoid fines, […]
Corporate Income Tax in GCC Nations
Corporate Income Tax and Other GCC Nations The Gulf Cooperation Council (GCC) has six nations. These are the United Arab Emirates (UAE), Saudi Arabia, Bahrain, Kuwait, Qatar, and Oman. Each country sits in a unique position with its business laws. Their location, strong economies, and oil resources make them special. Investors choose GCC countries for […]
Corporate Tax Period & Filing Deadline UAE
Understanding Corporate Tax Period and Deadline for Submission in UAE The UAE has moved forward with the new corporate tax system, bringing more responsibilities for businesses operating in the country. Every company must know how to follow the rules about corporate tax periods and submission deadlines to keep up with the law and avoid fines. […]
Tax Group for UAE Corporate Tax Explained
Tax Group for UAE Corporate Tax The United Arab Emirates is bringing changes to its business rules with the start of Federal Corporate Tax. From June 1, 2023, the government will tax company profits at a 9% rate. The new system wants to help the UAE match global tax standards and move beyond depending only […]
Qualifying Free Zone Person and Group under UAE CT
Understanding Qualifying Free Zone Person & Group in UAE Corporate Tax The UAE government brings new rules for business tax. Every business in the country must know these tax laws. The new Corporate Tax (CT) law started in June 2023. This law follows world standards for tax. Some businesses are taxed, while others may be […]
UAE Corporate Tax Penalty for Late Registration: AED 10,000
UAE Corporate Tax Penalty for Late Registration: What You Need to Know The United Arab Emirates (UAE) brings many opportunities for businesses and investors with its friendly tax system. Recently, the UAE made new rules for corporate tax. The government wants every business to follow the rules and help with the country’s growth. If you […]
