Tax regulation in the UAE has evolved significantly over the past five years. Businesses are now expected to demonstrate not only compliance, but active governance over their tax affairs. With the introduction of Corporate Tax, increasing scrutiny on Economic Substance, and Transfer Pricing obligations coming into force, the cost of inaction—or late action—is growing. While…
Corporate tax reporting remains a regulatory requirement across virtually every jurisdiction worldwide. The rules that govern how to determine the correct tax base are often intricate, far-reaching, and frequently involve cross-border tax credits and deductions. As modern businesses adopt increasingly complex operational models, the application of continuously expanding tax regulations presents ongoing challenges. To stay…
Corporate tax in UAE is a key regulatory consideration that affects an organisation’s financial obligations, operational structure, and long-term viability. With the UAE implementing a federal corporate tax regime applicable to business profits from June 2023 onwards, the due diligence process has assumed greater significance in the context of mergers, acquisitions, and business restructuring. What…
The UAE’s corporate tax regime, introduced through Federal Decree-Law No. 47 of 2022, has brought significant changes for businesses operating in the country. As of 2025, the UAE corporate tax regime is fully operational. Key changes include the enforcement of registration deadlines for natural persons based on turnover thresholds, expanded compliance obligations for free zone…
The UAE’s corporate tax system has undergone significant changes, and businesses must now focus on the new regulations to determine if they qualify for tax exemptions. With a standard corporate tax rate of 9% introduced, understanding whether your business is eligible for an exemption is crucial for financial planning and corporate tax compliance. The UAE’s…
The UAE has long been recognized for its business-friendly tax policies, allowing companies to thrive without corporate tax obligations. However, with the introduction of corporate tax filing regulations in 2025, companies must reassess their financial strategies to ensure compliance. If you are just getting started with your business, it’s important to understand how these changes…
As the United Arab Emirates (UAE) advances its tax framework, businesses must adapt to new corporate tax regulations to ensure compliance and prepare for potential audits in 2025. Below we will outline strategic approaches for corporate tax advisory, emphasizing audit preparedness and seamless adherence to the evolving tax regime. A Closer Look at UAE Corporate…
As part of the global tax reform led by the Organization for Economic Co-operation and Development (OECD), the UAE is set to introduce a 15% Domestic Minimum Top-up Tax (DMTT) on large multinational corporations. Effective from 1st January 2025, this move aligns with the Global Minimum Tax (Pillar Two) under the OECD’s Base Erosion and…
Corporate tax compliance marks another stage in the progress of the UAE’s tax system. More recently, businesses have adapted to new regulations, refining their financial practices to meet changing tax requirements. Now, as corporate tax becomes a reality, companies must once again reassess their approach to compliance and regulatory diligence. At first, it may seem…
The rapid expansion of e-commerce has transformed the global business world, introducing new challenges in taxation, especially in regions like Dubai. Accounting for corporate tax has become a crucial aspect for businesses to ensure compliance and optimize financial management. To address these challenges, the United Arab Emirates (UAE) has implemented a federal Corporate Tax (CT)…
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