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FTA announces Corporate Tax Registration Deadline – 90 days from Date of Incorporation/MOA. AED 10k penalty for late registration.

One of the most significant changes to the landscape of finance in the United Arab Emirates is the introduction of the Federal Corporate Tax (CT). The implementation of this new taxation system will begin on June 1, 2023. The Federal…

The UAE has made its position as an international business powerhouse by balancing a vibrant liberal economy with a framework that prioritizes adherence and clarity. The current introduction of Corporate Tax and the setup system of Value Added Tax means…

In June 2023, Dubai introduced new corporate tax rates that became effective for its fiscal year. Many business owners across the UAE and abroad now feel overwhelmed by the complexities of filing corporate taxes and staying compliant with the latest…