UAE Corporate Tax & Compliance Guide: 2024 Updates You Need to Know
The UAE has introduced several significant changes to its corporate tax and compliance landscape. These changes are crucial for companies offering accounting, auditing, tax, regulatory compliance, AML, and business and finance advisory services. Below, we outline the most critical updates and their implications for businesses operating in the UAE. Corporate Tax Regime The UAE’s new […]
Understanding UAE Corporate Tax on State-Sourced Income: A Brief Guide for Businesses
The United Arab Emirates’ Ministry of Finance recently issued a Corporate Tax Law which will be implemented by the Federal Tax Authority starting from or after the 1st of June 2023. The UAE Corporate Tax Law issued is comprehensive and includes many articles pertaining to different UAE residents and establishments which is why many individuals are left […]
UAE Taxes: Prepare and Stay Compliant in 2023
Introduction to Taxes in the UAE The United Arab Emirates (UAE) has implemented various taxes in recent years, including Value Added Tax (VAT), excise tax, and corporate tax. These taxes play a crucial role in the country’s economic development and diversification. In this blog post, we will provide an overview of these taxes and give […]
Case Study: The Tax Planning Dilemma at a Technology Company
Tax Planning Dellima: A technology company, which we will call “Company C” was experiencing rapid growth. The company was expanding into new markets and launching new products and services at a rapid pace. However, the company’s management team was not keeping up with the company’s growth, and they were making a number of mistakes, including […]