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

When a company or business in the UAE decides to stop operating, it needs to inform the FTA. As it is no longer liable to pay taxes, it needs to go through a formal process of corporate tax deregistration in…

A significant change in the business environment of the United Arab Emirates has been brought about by the implementation of a federal corporate tax. Because of its low tax rates, the UAE is still a very desirable place to do…

The UAE is a favorite destination for global entrepreneurs and companies due to its prime location and business-friendly rules. Even after introducing corporate tax laws, the Emirati government made consistent efforts to strengthen its position as the primary choice among…