Month: June 2025

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…