Corporate Tax Archives - Page 5 of 6 - Creative Tax & Accounting

19 May 23

Corporate Tax for the Oil and Gas Industry in the UAE

The UAE has always been famous for its business-friendly policies. These policies attracted a heavy amount of foreign investment from large multinational corporations and investors. However, in order to diversify income sources other than tourism and oil, the UAE is implementing a new corporate tax (CT) from June 1, 2023.…

05 May 23

Impact of Corporate Tax on SMEs in the UAE

A corporate tax is a tax that is applicable to the taxable profits of a company. Taxable profit is the profit after all allowable expenses as per the tax laws of a country. In the UAE, the concept of corporate tax is under debate after the introduction of a new…

15 Feb 23

UAE Real Estate – Impact of Corporate Law

Introduction to Real Estate Corporate Tax Do you believe the real estate sector will be taxed similarly to other corporate businesses in the UAE? The short answer is yes, but there are some essential details to be aware of. The UAE Ministry of Finance will implement the federal corporate tax…

18 Jan 23

Impact of Corporate Tax on UAE Free Zone Companies

Introduction According to the recent law changes in the UAE, specifically Federal-Decree Law No. 47 of 2022, corporations, including free zone entities, are soon going to be taxable in the UAE. As per the law, businesses will be liable for corporate tax from the beginning of their financial year, starting on…

UAE Corporate Tax - Overview of the federal decree-law n47 of 2022

11 Jan 23

UAE Corporate Tax Law: Overview of the Federal Decree-Law No. 47 of 2022

On 9 December 2022, the Ministry of Finance released the Federal Decree-Law No. 47 of 2022. ‘Taxation of Corporations and Businesses’ in the public domain. The corporate tax (CT) law guides regarding different aspects of corporate tax and its implications on UAE businesses. A cabinet decision is awaited to provide…

23 Nov 22

UAE Corporate Tax: Transfer of Losses Between Group Entities

An insight into the potential corporate tax regime (“CT”) has been provided by the UAE Ministry of Finance (“MoF”) on April 28th. The consultation paper discusses these insights. Please note that the information shared in the consultation is not final. Public consultations support transparency in the UAE and recognize stakeholder…

05 Nov 19

First year of VAT in the UAE 5 tips to safeguard your business from penalties

The introduction of Value-Added Tax (VAT) in the UAE is part of the government’s strategy to diversify its revenue source, secure its national fund for the improvement of public services, and to reduce its dependence on oil. The Federal Tax Authority (FTA) released a statement confirming that the number of…

05 Nov 19

Have you ever felt that you might have been wrongly penalised?

Have you ever felt that you might have been wrongly penalised? Are you not satisfied with the Federal Tax Authority (FTA) decision? If yes, then CREATIVE ZONE Tax & Accounting can help you file a reconsideration form to request a review of the FTA’s decision. Although FTA has multiple levels…

05 Nov 19

The ACCA Approved Employer Programme recognizes employers’ high standards of staff training and development

The ACCA Approved Employer Programme recognises employers’ high standards of staff training and development. You have proved your organisation is committed to ensuring ACCA students, affiliates and members have the right skills, ethics, and competencies to add value and drive the business forward. CZ Tax and Accounting FZ LLC has…

05 Nov 19

VAT Registration and Deregistration in the UAE

After more than a year of the UAE Value-Added Tax (VAT) implementation, it’s now time to determine whether your company needs to deregister from VAT, whether you may deregister or continue being registered with the Federal Tax Authority and keep filing your VAT returns. Deregistration from VAT Deregistering from VAT…

Corporate Tax

Corporate Tax for the Oil and Gas Industry in the UAE

Impact of Corporate Tax on SMEs in the UAE

UAE Real Estate – Impact of Corporate Law

Impact of Corporate Tax on UAE Free Zone Companies

UAE Corporate Tax Law: Overview of the Federal Decree-Law No. 47 of 2022

UAE Corporate Tax: Transfer of Losses Between Group Entities

First year of VAT in the UAE 5 tips to safeguard your business from penalties

Have you ever felt that you might have been wrongly penalised?

The ACCA Approved Employer Programme recognizes employers’ high standards of staff training and development

VAT Registration and Deregistration in the UAE

Transfer Pricing Essentials for UAE Multinationals

The Need for Specialised Accounting Services in Dubai

Penalty Waiver for Late Corporate Tax Registration