How Audits Ensure Compliance with UAE Corporate Tax and Free Zone Rules
Compliance with corporate tax laws and free zone regulations is paramount for sustainable growth and legal integrity. The UAE has refined its tax framework, placing greater emphasis on transparency, economic substance, and alignment with international standards like the OECD’s Base Erosion and Profit Shifting (BEPS) initiatives. These updates reflect the UAE’s commitment to maintaining a […]
How will UAE Corporate Tax affect Tax Groups?
The UAE government announced in 2022 the implementation of a Federal Corporate Tax Law which will come into effect starting June 1st, 2023. Today, businesses across the UAE are concerned about their ability to survive in a competitive market with the implementation of Corporate Tax. On the other hand, larger corporations and owners of multiple […]
Top 15 VAT FAQs
Value Added Tax is an indirect, transaction-based tax that is levied at every stage of the supply chain. The end consumer generally bears the cost of the tax while the registered business calculates and collects the tax, as a tax collector on behalf of the Federal Tax Authority. What is the value-added tax rate? How […]
