For corporate tax purposes, Exempted Persons are required to comply with the Federal Tax Authority Decision No. 11 of 2023, which requires exempt persons to submit a declaration to confirm …
Salah Bayoumi
A tax invoice can be defined as a written document that proves the occurrence of taxable supplies and their details. An original copy of this invoice is delivered by the …
As per latest UAE Corporate Tax Guide, “when a Free Zone Person fulfills specific conditions, it attains the status of a Qualifying Free Zone Person, thereby becoming eligible for a …
The federal decree law no. 47 of 2022, also known as the corporate tax law, was issued on Oct 10, 2022, with the aim of implementing a federal-level tax on …
The UAE Corporate Tax Law provides a special provision for regulated UAE Investment Managers who offer discretionary investment or asset management services to foreign funds and customers. Referred to as …
Saudi Arabia entered into a Double Tax Treaty with UAE in March 2019 that was subsequently made public through its publication in the Official Gazette, Ummul Quraa, marking a pivotal …
Cabinet Decision No. 100 of 2023 delineates the contours of Qualifying Income, a pivotal concept in UAE corporate tax law outlined in Article 18. It encompasses distinct revenue streams, meticulously …
The income of non-resident persons is subject to corporate tax in the UAE if it is derived from UAE sources. This includes income from business activities and investments. For personalized …
UAE Cabinet Resolution No. 10 of 2024: Enhancing Tax Compliance A 10,000 AED fine has been imposed recently for late corporate tax registration. The government of UAE has released Cabinet …
Investment funds are organizations that gather money from investors and distribute it among different assets like stocks, fixed income, real estate, or commodities and are centered in the United Arab …
