UAE Corporate Tax Archives - Creative Tax & Accounting

14 Feb 25

Common Tax Pitfalls in the UAE and How to Avoid Them

There are instances when a business or a taxable person commits mistakes that may result in a penalty. On the other hand, a taxable person may be unaware or simply forget to claim a tax relief that might have resulted in a lower tax liability. Both these cases are not…

Minimizing Deductions and Avoiding Penalties

19 Dec 24

Maximizing Deductions and Avoiding Penalties – UAE CT

As the UAE’s new legal framework concerning corporate tax is in place, every business strives to comply. This includes keeping up well with the relevant laws, thus avoiding penalties. However, the goal should not be just minimizing the occurrence of fines but taking maximum deductions. In the UAE, tax laws…

06 Dec 24

The Cost of Corporate Tax Compliance in the UAE

Every day, in the business world, we hear that enterprises must comply with the relevant laws of the jurisdiction. However, one must grasp the fact that it comes with a price. Similarly, tax compliance is as important as any other business responsibility. In the UAE, corporate tax is liable now…

18 Oct 24

Role of De Minimis in Corporate Tax UAE

A free zone person may prefer to become a qualifying free zone person to enjoy 0% corporate tax. However, the 0% rate is only applicable to qualifying income. There are certain requirements that the entities must fulfill to get this incentive. One of these conditions is to meet the de…

27 Sep 24

Managing Corporate Tax Losses for UAE Businesses

With a new tax regime in the UAE, businesses will now be liable to pay taxes on their profits. The standard rate of corporate tax is 9% for businesses earning over AED 375,000 in a tax year. However, there is a 0% tax rate for entities with taxable income of…

20 Sep 24

Maintaining Books in Light of Corporate Tax

The new tax regime in the UAE not only brings corporate tax responsibilities but also changes business management. For instance, the calculation of corporate tax requires data that depends on various business documents, such as financial statements. Therefore, there is now a need to manage books that satisfy the tax…

06 Sep 24

What’s Next After Corporate Tax Registration?

Corporate Tax Registration is mandatory for businesses operating in the UAE. Failure to comply within the designated timeframe will result in a hefty penalty of AED 10,000. However, registration is merely the first step in a broader compliance journey. Following registration with the Federal Tax Authority (FTA), businesses must fulfill…

Corporate Tax for Various Entities in the UAE

22 Jul 24

UAE Corporate Tax

Common Tax Pitfalls in the UAE and How to Avoid Them

Maximizing Deductions and Avoiding Penalties – UAE CT

The Cost of Corporate Tax Compliance in the UAE

Role of De Minimis in Corporate Tax UAE

Managing Corporate Tax Losses for UAE Businesses

Maintaining Books in Light of Corporate Tax

What’s Next After Corporate Tax Registration?

Corporate Tax for Various Entities in the UAE

VAT vs. Corporate Tax in the UAE

Corporate Tax Penalties – UAE 2024

Corporate Tax & Family Foundations in the UAE

Introduction to E-Invoicing in the UAE – All You need to Know

Transfer Pricing Essentials for UAE Multinationals