UAE CORPORATE TAX (UAE CT)

Federal Tax Authority Releases Guide On Real Estate Investment for Natural Persons

1. Definition and Scope of Real Estate Investment under UAE Corporate Tax Law: • Real Estate Investment, as per Cabinet Decision No. 49 of 2023, includes any activity by a natural person related to the sale, leasing, sub-leasing, or renting of land or property in the UAE. • Such activities are classified as Real Estate […]

Federal Tax Authority Releases Guide On Real Estate Investment for Natural Persons Read More »

Top 5 Corporate Tax Mistakes to Avoid in the UAE

The introduction of corporate tax in UAE under Federal Decree-Law No. 47 of 2022 has brought significant changes to the financial landscape, making it crucial for businesses to stay compliant. With a UAE corporate tax rate of 9% on taxable income above AED 375,000, companies must ensure they understand and adhere to the regulations. Whether

Top 5 Corporate Tax Mistakes to Avoid in the UAE Read More »

All you need to know about the Implementation of Corporate Tax in UAE

The United Arab Emirates (UAE) introduced Federal Decree-Law No. 47 of 2022 on December 9, 2022, outlining the framework for the taxation of corporations and businesses. This legislation establishes the foundation for the implementation of a federal corporate tax (CT) system. The CT regime came into effect for business profits starting from the financial year

All you need to know about the Implementation of Corporate Tax in UAE Read More »

Understanding Ministerial Decision No. 82 of 2023: Who Needs to Prepare Audited Financial Statements for UAE Corporate Tax Law?

The United Arab Emirates (UAE) has a well-established taxation system that aims to create a stable and sustainable economy while ensuring social development. As part of this system, the Minister of State for Financial Affairs has issued Ministerial Decision No. 82 of 2023, which outlines the categories of taxable persons required to prepare and maintain

Understanding Ministerial Decision No. 82 of 2023: Who Needs to Prepare Audited Financial Statements for UAE Corporate Tax Law? Read More »

All you need to know about the Corporate Tax Implications on UAE Free Zones

In terms of Corporate tax for UAE free zone companies have a distinct tax implication compared to juridical persons or individuals in the UAE. It is important to understand the differences between these categories of taxpayers and how Free Zone Persons can take advantage of the corporate tax system. Below is a comprehensive guide on

All you need to know about the Corporate Tax Implications on UAE Free Zones Read More »

Ministry of Finance issues decision on small business relief for corporate tax purposes

Great news for small businesses in Abu Dhabi! On April 6, 2023, the Ministry of Finance in Abu Dhabi, UAE issued Ministerial Decision No. 73 of 2023 to provide Small Business Relief under Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, also known as the Corporate Tax Law. This decision

Ministry of Finance issues decision on small business relief for corporate tax purposes Read More »

Scroll to Top