In a progressive move, the UAE government has recently initiated a 9% corporate tax. However, a wave of uncertainty has swept across individuals and business owners, yet again, as new updates keep getting rolled out. An important question on everyone’s lips is “Will this new tax will extend to personal income and investments?” In fact, […]
READ MOREThe United Arab Emirates (UAE) has already taken a major step forward with the introduction of Corporate Tax (CT) in 2023 on its step to Economic Reforms. This is a big deal for businesses and individuals operating in the UAE, as it marks a significant change in the country’s tax landscape. As you can imagine, […]
READ MOREThis is the only list you will need to check the list of exemptions from UAE corporate tax 2023 as we will keep it updating based on recent announcements. The United Arab Emirates (UAE) introduced its first-ever tax on business profits, with a 9% tax rate on companies and freelancers earning more than AED 375,000 […]
READ MOREThere is temporary relief for SMBs as suggested by the latest update released on April 11, 2023 regarding the New Corporate Tax Law UAE. Managing debt has just got easier for SMBs with the UAE’s new tax relief program The UAE government has been a strong advocate for SMEs since as early as 2014, launching […]
READ MOREIt is crucial to stay prepared on UAE corporate tax for your business, and if a google search on “how do I prepare for corporate taxes in UAE” brought you here, then you are in the right place. In the UAE, corporate taxes are typically due annually and preparing for these payments in advance can […]
READ MOREYour dream of growing your business in the UAE can quickly turn into a nightmare if you don’t know how to prepare for the upcoming corporate tax in the UAE. In January 2022, the UAE announced its plans to come up with a new structure to levy corporate taxes. In fact, this move has been […]
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