Corporate Tax in UAE: Everything Businesses Need to Know in 2025

Corporate Tax in UAE: Everything Businesses Need to Know in 2025

The UAE has implemented a 9% Corporate Tax (CT) on business profits exceeding AED 375,000, effective from June 1, 2023. As we move into 2025, businesses must ensure full tax compliance to avoid penalties and optimize tax planning. In this article, we’ll cover who is subject to corporate tax, exemptions, tax rates, compliance requirements, and […]

Understanding Ultimate Beneficial Ownership (UBO) Regulations in the UAE (2025 Guide)

Understanding Ultimate Beneficial Ownership (UBO) Regulations in the UAE (2025 Guide)

The UAE has implemented Ultimate Beneficial Ownership (UBO) regulations to enhance corporate transparency and combat financial crimes such as money laundering and tax evasion. Businesses operating in the UAE are required to maintain records of their beneficial owners and submit UBO declarations to comply with Cabinet Decision No. 58 of 2020. In this guide, we’ll […]

UAE Business License: Choosing the Right License for Your Company

Introduction Starting a business in the UAE is an exciting opportunity, but choosing the right business license is crucial for compliance and smooth operations. The UAE offers several types of trade licenses, each tailored to different business activities. In this guide, we’ll walk you through the different types of licenses, their costs, and how to […]

Step-by-Step Guide to Setting Up a Business in the UAE

Step-by-Step Guide to Setting Up a Business in the UAE

Introduction The UAE has become one of the most attractive destinations for entrepreneurs and investors worldwide. With its tax-friendly policies, strategic location, and business-friendly environment, starting a business in the UAE can be a profitable venture. Whether you’re a startup founder, an SME owner, or a foreign investor, this guide will walk you through the […]

Small Business Relief in the UAE: A Comprehensive Guide

Small Business Relief in the UAE

This article provides a detailed overview of Small Business Relief in the UAE, including eligibility criteria, benefits, compliance requirements, and application procedures. The UAE government has introduced Small Business Relief (SBR) as part of its Corporate Tax policy to ease compliance burdens for small businesses and startups. This initiative aims to create a business-friendly environment […]

UAE FTA Announces Tax Record Update Grace Period – Avoid Fines!

The UAE Federal Tax Authority (FTA) has announced a grace period from January 1, 2024, to March 31, 2025, allowing businesses to update their tax records without incurring administrative penalties. Failure to update records within this period may result in fines. This initiative provides businesses with an opportunity to ensure compliance with tax regulations by […]

FTA Decision No. 8 of 2024: New Rules for VAT Return Corrections & Compliance

FTA Decision No. 8 of 2024 clarifies the correction mechanism for VAT return errors in the UAE. Learn about compliance, voluntary disclosures, and key implications for businesses.

𝐅𝐓𝐀 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐍𝐨. 𝟖 𝐨𝐟 𝟐𝟎𝟐𝟒: 𝐄𝐱𝐩𝐥𝐚𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐍𝐞𝐰 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦 𝐟𝐨𝐫 𝐂𝐨𝐫𝐫𝐞𝐜𝐭𝐢𝐧𝐠 𝐄𝐫𝐫𝐨𝐫𝐬 𝐢𝐧 𝐕𝐀𝐓 𝐑𝐞𝐭𝐮𝐫𝐧𝐬 The Federal Tax Authority (FTA) of the UAE has recently issued Decision No. 8 of 2024, introducing a structured mechanism to correct errors or omissions in VAT returns submitted by businesses. This move enhances compliance, accuracy, and transparency in […]

FTA Zero Returns Auditing: Ensuring Compliance & Tax Transparency

FTA Zero Returns Auditing UAE

FTA Introduces Zero Returns Auditing: A Major Step Towards Tax Transparency The Federal Tax Authority (FTA) of the UAE has taken a significant step in strengthening VAT compliance by introducing audits on submitted zero returns. This move ensures that businesses adhere to tax regulations and maintain transparency in their financial reporting. Many businesses submit zero […]

Dubai vs Abu Dhabi: Which City is Right for Starting Your Business?

Dubai vs Abu Dhabi: Which City is Right for Starting Your Business? Starting a business in the UAE is a promising venture, thanks to the country’s booming economy and investor-friendly policies. However, the big question remains: Should you choose Dubai or Abu Dhabi? Both cities offer unique advantages, but the best choice depends on your […]

Corporate Tax Savings UAE: Top 5 Strategies for Your Business

Corporate Tax Savings UAE: Top 5 Strategies for Your Business

The UAE has solidified its reputation as a global business hub, attracting entrepreneurs and multinational corporations with its favorable tax policies and strategic location. However, with the introduction of corporate tax, businesses must now adapt to new compliance requirements while exploring opportunities to minimize tax liabilities. Proper tax planning is no longer optional—it is essential […]