Top Tips to Ensure Corporate Tax Compliance in the UAE
With the introduction of a federal corporate tax (CT) within the UAE, effective from June 1, 2023, businesses must navigate a brand new panorama of compliance requirements. The corporate tax rate is about 9% for income exceeding AED 375,000, even as income beneath this threshold is exempt from taxation. As agencies put together for his or her first tax filings in 2025, it's critical to put into effect techniques that make certain compliance with the brand new policies. Here are a few critical recommendations for groups to observe in 2024. Understand the Corporate Tax Framework Stay Informed on Tax Regulations …