As per federal Tax Authority Decision No. 7 of 2023 Issued 7 April 2023 (Effective from 1 June 2023) The Corporate Tax Registration Timeline will be as follows for…
UAE Corporate Tax Deregistration Timeline
For the purposes of Federal Decree-Law No. 47 of 2022, the person can make an application for de-registration by following the timelines provided by the authority. As per Decision…
UAE Corporate Tax – Conditions for Change in Tax Period
Conditions for Change in Tax Period for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. For the purposes of Article 58…
UAE Corporate Tax – Exemption for Qualifying Public Benefit Entities
The Ministry of Finance has announced a new UAE Cabinet decision relating to ‘qualifying public benefit entities’, whereby Public benefit entities are exempted from the corporate tax. It’s noteworthy…
UAE Ministerial Circular on Corporate Tax Registration – Exemption
The UAE Ministry of Finance has issued a Ministerial decision No. 43 of 2023 Concerning Exception from Tax Registration for the Purpose of Federal Decree–Law No. 47 of 2022 on…
UAE Corporate Tax Small Business Relief
As mentioned under the “Article 21 – Small Business Relief” of the Federal Decree-Law No. 47 of 2022 Taxation of Corporations and Businesses (the “Corporate Tax Law”), the Ministry has…
Top 5 Benefits of Corporate Tax Planning in UAE: A blog about the benefits of corporate tax planning in UAE.
Corporation tax in UAE has one of the world’s most competitive corporation tax rates and is the lowest in the GCC, where Bahrain is presently the only member state without…
UAE Corporate Tax Registration User Manual
The UAE Corporate Tax registration process is much easier if an entity is registered for VAT already, most of the data is pre-filled in the form, it becomes faster and…
UAE Corporate Tax: Ministry Explains 9 Key Aspects of New Law
Tax professionals, business owners and a host of experts were recently invited to the second awareness session that the Ministry of Finance had held to explain important aspects of the…
FAQ’s on UAE Transfer Pricing Regulations
UAE Corporate Tax (CT) Law introduces a comprehensive Transfer Pricing (TP) regime which is broadly in line with the OECD TP Guidelines. KEY HIGHLIGHTS OF UAE TP RULES UAE…
UAE Corporate Tax & Transfer Pricing Regime
Spectrum Auditing & Steadfast Business Consulting has come up with a comprehensive guide on: UAE Corporate Tax & Transfer Pricing Regime. The content covered in full detail include the…
UAE Corporate Tax Decree Law – 1 June 2023
As you are well aware, UAE is introducing Corporate Tax from 1 June 2023 and the Decree-Law is released in this regard by the Federal Authority. We are sharing…