Step-by-Step Guide to Filing VAT Returns Accurately
The UAE’s carefully controlled tax structure makes Value Added Tax (VAT) vital to a business’s finances. Understanding and completing VAT return filing is a legal necessity and a critical step […]
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Top 10 Tax Consultants in Dubai
Dubai, formerly tax-free, has adopted a number of new taxes and rules for companies. In 2023, the UAE introduced 9% corporate tax on revenues above AED 375,000, a major tax […]
UAE Tax Rates: Guide on Taxation in Dubai
Have you heard that the UAE, which used to be known for not having any taxes, finally put in place a corporate tax after 50 years? This change in economic […]
Difference Between Zero Rated VAT and Exempted VAT
The Value-Added Tax (VAT) was introduced in the UAE at a rate of 5% on 1 January 2018, aimed at establishing a new revenue stream for the Government. Since its […]
Overview of Transfer Pricing in the UAE
Introduction to Transfer Pricing in the UAE Transfer Pricing (TP) refers to the approach and methodologies used to determine the prices charged between related entities under common ownership or control […]
What is the Zero Government Bureaucracy Programme and its Impact on Tax?
Dubai’s 2024 Zero Government Bureaucracy Programme is just groundbreaking. It aims to simplify and improve government services. This initiative attempts to reduce government red tape—complicated and time-consuming processes for individuals and […]
10 Reasons Why You Should Set Up Your Business In Dubai
Dubai is a global business hub appealing to entrepreneurs. It’s a place with easy access to many people. Business hub with extensive port connections. Global metropolis with urban […]
UAE: How to Check if a Business is Eligible for 0% Corporate Tax
How to Check if a Business is Eligible for 0% Corporate Tax Taxes are complex, particularly with new laws. The UAE implemented a 9% corporate tax policy on June 1, 2023, […]
All About Taxation of Foreign Banks under UAE CT
Foreign banks in UAE were taxed differently until March 2024. Dubai’s ruler, Sheikh Mohammed Bin Rashid Al Maktoum, published Emirate Law No. 1 of 2024. The new law taxes foreign banks […]
FTA Releases Cabinet Decision No. 108 of 2023 Amending UAE Excise Tax Regulations
Changes in UAE Excise Tax Laws: Cabinet Decision 108 of 2023 on Federal Decree Law No.7 of 2017 on Excise Tax In a recent development, the United Arab Emirates Federal […]