Client Guide to VAT Registration in the UAE
The United Arab Emirates (UAE) introduced Value Added Tax (VAT) at a rate of 5% on January 1, 2018. VAT is a consumption-based tax applied to the sale of goods and services and is collected at each stage of the supply chain. Businesses operating in the UAE must register for VAT if their taxable supplies […]
Important Notice: Corporate and Business Tax Registration for UAE Businesses Before March 31, 2025
Ensure Compliance with the Federal Tax Authority (FTA) The UAE Federal Tax Authority (FTA) has issued an important notice for individuals and businesses conducting economic activities in the UAE. If you generated a turnover of AED 1 million or more in 2024, you may be required to submit a Corporate and Business Tax application before […]
Avoid Future Penalties: Update Your Tax Records via EmaraTax Before March 31, 2025
Avoid Future Penalties: Update Your Tax Records via EmaraTax Before March 31, 2025 Tax compliance is a crucial responsibility for businesses operating in the UAE. To ensure transparency and accurate records, the Federal Tax Authority (FTA) has introduced a grace period from January 1, 2024, to March 31, 2025, allowing businesses and individuals to update […]
UAE Confirms No Visa Ban for Pakistanis – New Guidelines Implemented
In response to recent concerns, the UAE has officially confirmed that there is no visa ban on Pakistani nationals.However, the country has introduced stricter visa policies to streamline the application process and enhance security measures. Key Updates on UAE Visa Policy for Pakistanis 1. No Official Visa Ban The UAE Ministry of Foreign Affairs (MoFA) […]
Small Business Tax Relief: A Guide for Entrepreneurs
Introduction Running a small business comes with various challenges, and managing taxes is one of the most critical aspects. Governments often provide tax relief programs to support small businesses, helping them reduce their tax burdens and improve cash flow. In this blog, we will explore different types of small business tax relief, eligibility criteria, and […]
Arm’s Length Rule and Benchmarking in Corporate Tax
Arm’s Length Rule and Benchmarking in Corporate Tax The Arm’s Length Rule and Benchmarking play a crucial role in corporate tax compliance, particularly in transactions between related entities. These principles ensure that transactions between associated enterprises are conducted as if they were between independent entities in an open market, thereby preventing tax avoidance and ensuring […]
Transfer Pricing Rules in Corporate Tax
Introduction Transfer Pricing (TP) rules are designed to ensure that transactions between related parties are conducted at fair market value, preventing profit shifting and tax avoidance. These rules align with the Arm’s Length Principle (ALP) and are based on international guidelines set by the OECD’s Transfer Pricing Guidelines. Transfer Pricing in the UAE The UAE […]
A Simple Guide to Corporate Tax in the UAE
A Simple Guide to Corporate Tax in the UAE Corporate Tax in the UAE has been introduced to align with global tax standards while maintaining a competitive business environment. This guide provides an overview of corporate tax, including its applicability, required documents, and the registration process. What is Corporate Tax? Corporate Tax is a direct […]
Mainland License in Dubai – Step-by-Step Guide
Mainland License in Dubai – Step-by-Step Guide Book Free Consultation Mainland License in Dubai – Step-by-Step Guide Table of Contents – Who Needs a Mainland License in Dubai? – Key Requirements for a Mainland License – Step-by-Step Process to Obtain a Mainland License – Cost of a Mainland License in Dubai – Benefits of a […]
Dubai Partners with Elon Musk for Groundbreaking “Dubai Loop” Project
Dubai continues to push the boundaries of innovation with a new partnership with Elon Musk’s The Boring Company to develop the Dubai Loop, a revolutionary transportation system set to transform urban mobility. This futuristic project aims to enhance connectivity across key areas in Dubai with cutting-edge tunnel technology. What is Dubai Loop? The Dubai Loop […]