What Is Tax Clearance Certificate In UAE and How To Apply For It?
Complying with tax regulations is mandatory in every country, including the UAE. To demonstrate your compliance and avoid penalties, you need to obtain a tax clearance certificate from the Federal Tax Authority (FTA). A Tax Clearance Certificate in the UAE shows that a company or individual has met their tax obligations. This document is mandatory […]
What Is The Difference Between Direct and Indirect Tax In UAE?
Generally, taxes are a significant revenue source for governments worldwide. These taxes are applied in numerous contexts, such as on salaries, services, purchasing items, and paying tolls on the road. Individuals who are required to pay taxes should do so in accordance with their country’s tax regulations. As responsible citizens, we have to fulfill our […]
What Are The Corporate Tax Registration Deadlines For UAE Companies?
Businesses in the UAE must comply with set corporate tax registration deadlines for submitting their applications. Effective March 1, 2024, the Federal Tax Authority (FTA) has outlined specific timeframes for different types of taxable entities or individuals to register for corporate tax in UAE, ensuring compliance with tax laws. The latest Federal Tax Authority Decision […]
Future Trends In UAE Corporate Taxation: What Businesses Need to Prepare For?
In January 2022, the UAE Ministry of Finance announced intentions to implement a federal Corporate Tax starting from the initial financial year commencing on June 1, 2023, as outlined in UAE Federal Decree-Law No. 47 of 2022. Applicable uniformly across all emirates, the corporate tax aims to bolster the UAE’s global business standing and expedite […]
How To Get Tax Residency Certificate In Dubai
In a global landscape where commercial activities in the UAE are surging and international trade links are strengthening, the complexity of tax regulations poses challenges such as double taxation for businesses. To tackle this issue, the UAE offers a Tax Residency Certificate (TRC), providing access to the benefits of Double Tax Avoidance Agreements (DTAA) as […]
How Corporate Tax Is Calculated In Dubai, UAE: Calculate Your Corporate Tax!
If you’re feeling overwhelmed by the complexities of calculating corporate tax in UAE and don’t know how to calculate corporate tax in UAE, don’t worry as we provide a comprehensive resource to demystify the Corporate Tax Calculations process. The UAE Ministry of Finance announced in January 2022 that Corporate Tax in UAE will be applied […]
How To Find TRN Number By Company Name In UAE?
In today’s business world, having vital information is a top priority. Whether you want to understand your competition’s business or establish your own, obtaining information such as a company’s Tax Registration Number (TRN) can be a game-changer. One significant piece of information is a company’s TRN (Tax Registration Number). Beyond the confines of a corporate […]
Explore TRN Verification Process: Check TRN Validity In UAE
In the busy business world of the United Arab Emirates (UAE), knowing why your Tax Registration Number (TRN) is essential. This special 15-digit code, given by the Federal Tax Authority, is like your tax ID. The TRN verification and ensuring its authenticity are significant for companies and businesses in the UAE. The Essence of TRN […]
How To Save Corporate Tax In UAE
The main objective of businesses operating in the United Arab Emirates (UAE) is to reduce corporate tax liability due to the country’s corporate tax laws. Businesses can employ effective strategies to optimize their tax planning and save money to achieve this goal. Following are valuable tips that can help businesses reduce their corporate tax liability […]
Corporate Tax In UAE: Its Meaning, Applicability, Exclusions & Rates
Dubai has always been a member at the forefront of the global economy. Recently, the UAE authorities announced the implementation of corporate tax on June 1, 2023. This law states that a taxable business or individual will be imposed with a 9% corporate tax from the onset of their first financial year, starting on or […]
