Corporate Tax For Foreigners | Free Zone | Other Sectors
Everything you know about how Corporate Tax(CT) applied for Foreigners, Exempted Income, Free Zones, Industry Sectors and Group of Companies.
Corporate Tax Allows to Deduct Losses in Taxable Income
Everything you know about how Corporate Tax (CT) applied for Losses, Withholding Tax, Free Zones, Transfer Pricing and Company Administration.
Corporate Tax – When will the UAE CT become effective?
The UAE Corporate Tax regime will become effective for financial years starting on or after 1 June 2023. Introducing a CT regime is to preventing harmful tax practices.
UAE Introduces Corporate Tax
On 31 January 2022, the Ministry of Finance(MoF) of the UAE announced the introduction of a Federal Corporate Tax (CT) regime on business profits effective for Financial Years starting on or after 1 June 2023.
Overview of VAT Public Clarification (VATP028)
The FTA has recently published VAT Public Clarification P028 on eligibility of a business to recover input VAT on expenses such as Mobile Phones, Airtime, and Data Packages.
Anti Money laundering (AML)
Money Laundering is the illegal process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source.