Why Outsourcing Accounting and Tax Functions is a Must for Expatpreneurs in Dubai
Hey there, fellow expatpreneurs in Dubai! We know Running a business in this dynamic city can be both exciting and challenging . […]
Amendment of the VAT law
On September 2022 the UAE has issued the Federal Decree-Law No. (18) of 2022 (“the Amendment of VAT Law”) to amend some […]
Anti-abuse and transitional rules
Anti-abuse and rules The UAE’s Corporate Income Tax law include general anti-abuse rules that aims to identify any arrangement or transactions entered […]
Corporate Tax Law published
Finally, the Corporate Income Tax Law has been published on December 9th, 2022, providing essential rules to help businesses get ready before […]
RAQEEB, a whistleblower program for tax violations and evasion
The UAE’S Federal Tax Authority (FTA) has recently introduced a whistleblowing program to increase public awareness and to enhance tax compliance. RAQEEB […]
Public Consultation on UAE’s Corporate Tax Regime
The UAE Ministry of Finance (MoF) recently published a public consultation document on the Corporate Income Tax (CIT) to outline policy background […]
VAT zero-rating on export of goods
The purpose of this article is to explain when exporters are eligible to charge a zero-rated VAT on export of goods from […]
Input VAT deduction for mobile phones and packages, made available to employees for business use.
The UAE Federal Tax Authority (“FTA”) published a new VAT Public Clarification (VATP028) that provides guidance on the recovery of input tax […]
UAE’s Corporate Income Tax
The UAE Ministry of Finance has announced that it will introduce a federal corporate tax on business profits effective for financial years […]
Grey and black lists
Anti-Money Laundering regulations in the UAE The Financial Action Task Force (FATF) identifies countries with anti-money laundering and combating the financing of […]
UAE tax penalties reduced and discounted
On April 28th, 2021, the UAE Cabinet issued Resolution No 49 of 2021 amending tax penalties and provides reduction, alternative calculations, and […]
Anti-Money Laundering regulations
goAML Registration deadline is march 31st Overview Part of its commitment to combat the ant-money laundering and terrorism financing (AML/CFT), the United […]