Selection of Related Parties for Transfer Pricing UAE
Understanding Related Parties in UAE Transfer Pricing The UAE government introduced corporate tax in 2023. This change made every business think about tax compliance and planning. At the heart of corporate tax sits transfer pricing. Transfer pricing means that companies set prices for transactions with related parties, making sure those prices are fair and open. […]
UAE Corporate Tax Registration Timeline: Key Dates & Process
UAE Corporate Tax Registration Timeline: Essential Guide Many people start businesses in the UAE because the country gives many benefits for companies. The UAE used to be known as a tax-free place, but now the government has changed the rules. Now, you must follow new laws about Value Added Tax (VAT) and Corporate Tax (CT) […]
Qualifying Registrant for E-commerce VAT UAE Guide
Qualifying Registrant for E-commerce VAT in UAE Businesses in the UAE are seeing big changes because e-commerce keeps growing every year. Online shopping has created more chances for growth but has also brought new tax challenges. The UAE government has set clear VAT rules for businesses that sell goods and services online. The term “Qualifying […]
Company Liquidation in DMCC Free Zone: Key Steps & Rules
Company Liquidation in DMCC Free Zone: Guidelines and Steps The DMCC Free Zone in Dubai is one of the fastest-growing business hubs in the UAE. Many people set up companies here because the Free Zone gives lots of benefits. But running a company in DMCC also means you must follow many rules. Sometimes, a company […]
Wage Protection System in DMCC Free Zone Guide
Wage Protection System in DMCC Free Zone The DMCC Free Zone, called the Dubai Multi Commodities Centre Free Zone, sits in Dubai, United Arab Emirates. This Free Zone has recently brought in a Wage Protection System, or WPS, to make sure every worker gets their salary on time and in full. The Central Bank of […]
Qualified Activities for 0% Corporate Tax UAE | Free Zone
Qualified Activities for 0% Corporate Tax UAE Understanding Zero Percent Corporate Tax in UAE The UAE government gives many businesses in Free Zones a 0% corporate tax rate. The law for corporate tax is different for each company or person. Each Free Zone person or company needs to follow these rules and stay in line […]
Is Management Remuneration Deductible in UAE Tax?
Is Management Remuneration Deductible in UAE Corporate Tax? Every business in the UAE wants to save money with tax deductions. But understanding the rules can be tough. One big question is, “Is remuneration paid to management a deductible expense for UAE corporate tax?” This article will help you find out how management payments work with […]
Taxation of Foreign Banks in UAE CT Rules & Guidance
Taxation of Foreign Banks under UAE Corporate Tax Rules The UAE government has made new rules about the taxation of foreign banks. The new rules started on March 8, 2024, when His Highness Sheikh Mohammed bin Rashid Al Maktoum signed Law No. (1) of 2024. These rules set how foreign banks pay corporate tax in […]
Excluded Activities in FZ Corporate Tax UAE | Key Guide
Excluded Activities in Free Zone Corporate Tax UAE Main Ideas About Excluded Activities in FZ A Free Zone in the UAE gives a business a big chance for tax-free income if it follows rules. Mubarak Al Ketbi (MAK) Auditing helps companies follow every rule for tax benefits. Not all activities get a tax-free pass, though. […]
Consequences of Election for Group Relief UAE CT
Consequences of Election for Qualifying Group Relief UAE CT The UAE introduced the corporate tax (CT) regime to make things fair for every business. The Federal Tax Authority (FTA) made a guide on qualifying group relief to help companies understand the rules about asset or liability transfers in a group. Mubarak Al Ketbi (MAK) Auditing […]
