Big Relief for UAE Businesses: MoF and FTA Waive Corporate Tax Registration Penalties
In a significant move to support businesses and enhance compliance, the UAE Ministry of Finance (MoF) and the Federal Tax Authority (FTA) have launched a game-changing initiative: the waiver of late registration penalties under the newly implemented Corporate Tax Law. This bold step comes as a major relief for companies and exempt persons who missed […]
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 […]
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 […]