Month: April 2024

Businesses in the United Arab Emirates will need to adjust their strategy in 2024 to keep up with modifications in the international economy, legal guidelines, and technology. Owners of companies within the UAE ought to receive a warning on the subject of tax compliance. More challenges could be confronted in 2024 with the pressure of UAE corporate tax laws and new modifications to the price-added tax (VAT) regulation. In the changing compliance environment, seeking the services of a tax consultant in Dubai is critical for businessmen. As we begin the brand new year, here is a tax check-list you should…

The legal foundation for levying federal taxes on corporate profits in the United Arab Emirates is established by Federal Decree-Law No. 47/2022 on the Taxation of Corporations and Businesses, also known as the Corporate Tax Law. The purpose of this blog is to give a general overview of the Corporate Tax Law's consequences for natural people, highlighting important factors, exclusions, and the overall tax environment.  A thorough guide explaining how corporate tax applies to natural persons, registration requirements, and other steps required to comply with UAE Corporate Tax Law has been published by the Federal Tax Authority (FTA) in relation…