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 […]
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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 […]
UAE Corporate Tax Guide for Logistics Companies
The United Arab Emirates (UAE) stands as a beacon of economic prowess and strategic significance in the Middle East, with its logistics ecosystem playing a pivotal role in supporting […]
Documents Required For VAT Registration in Dubai – UAE
The UAE has introduced Value Added Tax (VAT) since January 01, 2018. VAT is an indirect tax levied on the consumption of goods or services at the point of […]
UAE Corporate Tax Registration Mandatory for Medium and Small Enterprises, Even with Losses
As the UAE embarks on its first full-year corporate tax period, a crucial revelation demands the immediate attention of medium and small business owners. Contrary to some misconceptions, the […]