Year: 2025

With the introduction of corporate tax in the UAE region, a common question arises: “How to file the tax return?” The UAE government has taken measures to make the process as simple as possible. However, every taxable person must understand the process to avoid any negative outcomes, such as penalties.…

One of the concerns for any business is taxation and compliance. Firms usually consider two factors in this regard. Firstly, the relevant tax rates in a jurisdiction, and secondly, the overall taxation system or framework. However, many other factors contribute towards a business’s decision to operate in or from a…

The rise of sustainability and ESG reporting in the UAE is not a coincidence; rather, it is supported by years of the UAE’s commitment to the environment and good governance. The government’s role is evident in keeping the climate first through a net-zero strategy. Specifically, this strategic initiative is a…

Compliance isn’t just about filing your business taxes on time and keeping accurate records—it’s also about being prepared for tax scrutiny, including VAT and transfer pricing audits. In the UAE, the Federal Tax Authority (FTA) oversees the collection, management, and enforcement of tax laws and regulations. This means your business…

The term “family foundation,” within the context of corporate tax law, is not an entity type that is unequivocally recognisable in the UAE’s legal framework. A family foundation is a corporate tax concept, understood as an entity that families may use for the management and preservation of wealth across generations.…

To enhance the transparency and efficiency of the overall business ecosystem, one of the core building blocks is electronic invoicing. It aligns with the UAE’s goal of a digital and paperless economy. Electronic invoicing, or e-invoicing, is more than just a digital version of a traditional invoice; it’s a system…

There are instances when a company sells its products to another company in the same group. This is simple if taken with a layman’s perspective; however, there are tax consequences when there is an internal transfer of products. The transfer pricing rules come into play in these scenarios. It is…

In recent times, there have been massive changes in the fiscal and monetary environment of the UAE. For instance, two new tax systems are now applicable in the region, i.e., value-added tax and corporate tax. The introduction of new taxation in the UAE not only requires a change in calculation…

The UAE is always prominent for its business-friendly policies, and this is yet another pro-business decision. The Federal Tax Authority (FTA) has announced a penalty waiver for late Corporate Tax Registration. This, in turn, supports the UAE business sector and enhances mechanisms that enable taxpayers to meet their tax obligations…

The Federal Tax Authority (FTA) is the ultimate tax regulator in the UAE, covering Corporate Tax, VAT, excise, etc. Therefore, during the initial stages of your business registration process, you file documents that are a record for the FTA. The documents at this stage mainly include information related to business…