FTA issues guide to determine natural persons subject to corporate tax
ABU DHABI, UAE - The Federal Tax Authority (FTA) has issued a new guide outlining the criteria to determine natural persons subject to the Corporate Tax Law, that came into effect on June 1 2023.The guide provides a comprehensive and simplified explanation and instructions for natural persons realizing income in...
UAE issues transitional rules for Corporate Tax
The goal is to simplify establishing the initial balance sheet, guaranteeing a fair method for managing assets and liabilities preceding the new Corporate Tax system implementation.UAE takes steps for smooth rollout of corporate tax
The Ministry of Finance calls on public to rely only on official publications for information on the tax law, while Dubai launches an integrated training programme for tax awareness.9% corporate tax to be effective in UAE in two weeks
The move aims to foster compliance and business activity, with special exemptions for Free Zone transactions and small enterprises.Dubai Chambers briefs EU Missions about UAE Corporate Tax Law
DUBAI, UAE - Dubai Chambers has hosted a workshop for commercial attachés of EU Diplomatic Missions to provide them with an overview and key highlights of the UAE's Corporate Tax Law.The workshop, organized in collaboration with Al Tamimi & Company Law Firm, brought together 13 officials representing the commercial interests...