Month: April 2025

The growth of any society depends on the quality of research and development that leads to innovation. In the UAE, the government aims to provide benefits and reliefs to firms, leading to high-tech advancements. One such relief is in the form of tax incentives. Taxation responsibilities have a significant impact…

The UAE is committed to going all in for a paperless economy or digital economy, however, in a way that is compliant too. One of the initiatives in this regard is the electronic or e-invoicing program. The new system will be applicable from 2026. It is an arrangement that allows…

In January 2018, the UAE introduced value-added tax (VAT) at a standard rate of 5% on taxable supplies. After nearly five and a half years, from June 2023, businesses are liable for corporate tax (CT) too, with a 9% standard rate. For businesses, these are two different sets of tax…