UAE Corporate Tax Exemptions & Excluded Incomes Guide
UAE Corporate Tax Exempted Parties & Excluded Incomes The UAE government announced a new corporate tax regime set to start on or after June 1, 2023. Every business must know which entities are exempt from corporate tax in UAE, which incomes are excluded, and how the rules apply to foreign companies. This article explains the […]
Value Added Tax Rates in GCC Countries
Overview of Value Added Tax in the GCC The Gulf Cooperation Council (GCC) stands as a regional group with six Arab countries on the Persian Gulf. These countries are Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar. The GCC aims to build unity and to coordinate on economic, social, and cultural goals in […]
How to Calculate UAE Corporate Tax & Adjustments
All You Need to Know About UAE Corporate Tax Calculation Every business in the UAE must understand how to calculate corporate tax and use all allowed adjustments. The UAE started corporate tax to bring in new revenue, follow international tax rules, and move away from depending only on oil. This change will help the country […]
Tax Losses & UAE Corporate Tax Implications
Tax Losses and Their Implications on UAE Corporate Tax Businesses in the UAE must understand corporate tax and how tax losses affect them. Every company wants to know the best way to handle losses to save money on taxes. The government of the UAE brought in corporate tax to follow international rules and help the […]
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 […]
