Why Corporate Tax Planning is Important for Business Owners?
The UAE is no longer a tax-free region as the Corporate Tax has become effective from 1st June 2023. Businesses […]
FTA Clarifies Accounting Standards for UAE Corporate Tax
Taxable persons must determine their taxable income on the basis of financial statements prepared as per the accounting standards accepted […]
Corporate Tax for Free Zones: New Rules for Qualifying Income
Qualifying Income is the prime factor determining the eligibility of a free zone person to enjoy 0% corporate tax in […]
UAE Corporate Tax: New Decision on Qualifying & Excluded Activities
The UAE Corporate Tax Law states that a free zone person will be taxed at 0% on Qualifying Income and […]
UAE Corporate Tax: New Guidance for non-resident persons
The Federal Tax Authority (FTA) has released a new Guide for natural persons or juridical persons who are not treated […]
Conditions for Subsidiaries to Form a CT Group in UAE
The UAE corporate tax law allows two or more taxable persons to form a corporate tax group, which provides them […]
UAE issues Guidelines for Currency Conversion in CT Calculations
The Federal Tax Authority (FTA) has released Decision No. 13 of 2023 on the conversion of amounts quantified in a […]
Unraveling Transfer Pricing Methods: A Comprehensive Guide
Multinational enterprises (MNEs) often engage in cross-border transactions among their affiliated entities. These transactions must be priced reasonably to comply […]