Corporate Tax (CT) In January 2022, the UAE Ministry of Finance announced the implementation of Corporate Tax all over the United Arab Emirates. As per the Ministry, the...
Corporate income tax (CIT) rates Headline CIT rate (%) 9 Corporate income tax (CIT) due dates CIT return due date Under the UAE CT Law, all taxable persons are required...
Limited and general partnerships Limited and general partnerships and other unincorporated joint ventures and association of persons will be treated as “transparent” for...
Under the UAE CT Law, the accounting net profit (or loss) as stated in the standalone financial statements of a business is taken as the starting point for determining...
Corporate Tax is imposed on Taxable Income earned by a Taxable Person in a Tax Period. Corporate Tax would generally be imposed annually, with the Corporate Tax liability...
According to the UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (the “Corporate Tax Law”), businesses will become subject to UAE...
Federal Tax Authority update on “EmaraTax” and the corporate tax **The information’s are obtained from FTA recent update on website dated. 11 Nov 2022. EmaraTax is a...