Time Line for Corporate Tax Registration (With Effective From 1st march 2024) FTA has issued timeline for applying for registration of Corporate Tax for taxable persons failing which will…
Everything You Need to Know About Small Business Relief in the UAE
Small Business Relief is an optional relief available to small businesses in the UAE, who are resident persons for corporate tax purposes. It is provided in order to reduce the…
Corporate Tax – Taxation, POEM, PE
Spectrum Auditing conducted webinar on “Taxation for Individuals, Place of Effective Management (PoEM), Permanent Establishment (PE)” on 9th February 2024. You can watch the webinar recording video link in this…
Tax Group & Other Relevant Provisions as per UAE Corporate Tax Law
The FTA has issued a new guidance on Tax Groups on January 08, 2024. What are Tax groups as per the Corporate tax law? As per the Federal Decree…
Corporate Tax Registration Requirements List
The corporate tax will be levied on the profits calculated in accordance with the International Financial Reporting Standards (IFRS) after making the adjustments to it as mentioned in the Corporate…
Registration of the Unincorporated Partnership
The Federal Tax Authority (FTA) issued a decision on December 15, 2023, for determining the requirements for the registration of the unincorporated partnership and determining the distributive Shares of Partners…
Corporate Tax Rules: Year-end adjustments and Transitional Provisions
Spectrum Auditing conducted webinar on “Corporate Tax Rules : Year-end adjustments and Transitional Provisions” on 19th January 2024 especially for accountants who have questions on how to handle the company…
Corporate Tax implications on natural persons in the UAE
The UAE corporate tax regime is a self-assessment regime, which means that a natural person is responsible for assessing whether they are within the scope of Corporate Tax, and whether…
Accounting Standards and Interaction with Corporate Tax
The Ministry of Finance and Federal Tax Authority (FTA) has issued a new guidance on November 06, 2023, on which accounting standards are accepted in the UAE for Corporate Tax…
Guide on Arm’s Length Principle for Financial Transactions
The Federal Tax Authority has issued a guidance in October 2023 detailing specific areas for Transfer Pricing that are relevant from a UAE perspective as a financial and investment hub.…
Corporate Tax & Compliance in Real Estate Business
Spectrum Auditing conducted an enlightening webinar on 3rd November 2023 on “Corporate Tax & Compliance in Real Estate Business”. You can watch more webinar videos on our Spectrum Auditing’s YouTube…
Your Guide On Non-Resident Person’s who are Subject to Corporate Tax
The UAE Ministry of Finance has released a guidance on the corporate tax law and implementing decisions on Non-Resident individuals or entities but have a source of income in UAE.…