Is withholding tax applicable in UAE? Yes,  0% withholding tax may apply to certain types of UAE sourced income paid to non-residents. Because of the 0% rate, no withholding tax would be due and nothing payable. Is there any registration required for withholding tax in UAE? No, there will be no withholding tax related registration. Is there any filing obligation? No filing obligations for UAE businesses or foreign recipients of UAE sourced income. Is withholding tax applicable with resident persons? No, withholding tax does not apply to transactions between UAE resident persons. To know ..read more

Following the introduction of corporate tax in United Arab Emirates via Decree Law No 47 of 2022 with effect from June 1, 2023, Federal Tax Authority (FTA) has announced registration of corporate tax can be made via their digital service platform “Emaara Tax”. Every taxable person including free zone person is required to register for corporate tax and get a Tax Registration. As per Article 51 of the UAE Corporate Tax Law, any Taxable Person shall register for Corporate Tax with t ..read more

This Corporate Tax Registration user manual is prepared to help you navigate through the Federal Tax Authority (FTA) portal and submit the Corporate Tax Registration application. Introduction The Federal Tax Authority (FTA) has introduced pre-registration of corporate tax for specific categories of businesses functioning in the UAE. A Corporate Tax is charged by the government on the income of a company. The basic rate is 9% on taxable income above AED375,000 and 0% on income up to AED375,000. The Corporate Tax will be implemented from June 2023. The taxable person must be eligible to register ..read more

The UAE Corporate Tax regime will become effective for financial years starting on or after 1 June 2023. In Dubai, the tax consultants are need to advise business owners to get clear understanding about Corporate Tax and asked them to stay prepared for Corporate Tax. Here we will help you to understand corporate tax assessment, clarification and document requirements which help you to avoid penalties. How to process the Corporate Tax Assessment ? In UAE, the Corporate Tax regime will be based on a self-assessment principle which means all the businesses will ensure that the tax returns are fil ..read more

Are you looking to setup a business in Dubai and grown as successful women entrepreneurs? You have reached the right place. Dubai is home to many female entrepreneurs and female-led companies. In the past few years, the government has introduced a string of incentives and legislation to encourage women into the workforce, including generous maternity packages, residency extensions and low business setup costs. From education and engineering to healthcare, technology and more, they are changing the cultural and business landscape of the country.   Business ideas for ladies in Dubai If you ..read more

UAE Ministry of Finance has issued ministerial decision that who would be excluded from registering for Corporate Tax. The Ministry of Finance has issued Ministerial Decision No. 43 of 2023 on the exception from Corporate tax registration for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (Corporate Tax Law). The decision is issued in accordance with Article 51 of the Corporate Tax Law which requires taxable persons to register for Corporate Tax with the Federal Tax Authority, except in certain circumstances.   The Following Persons shall ..read more

Businesses with revenues of Dh3 million or less can benefit from Small Business Relief and the conditions for Small Business Relief election. The Ministry of Finance has issued Ministerial Decision No. 73 of 2023 on Small Business Relief for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the “Corporate Tax Law”). The decision is issued in accordance with Article 21 of the Corporate Tax Law, which treats the taxable person as not having derived any taxable income in a given tax period where the revenue did not exceed a certain threshold. Small ..read more

The Ministry of Finance (MoF) issued a Ministerial Decision on the Criteria and Conditions for Electronic Commerce for Record Keeping of the Supplies Made. On 22 February 2023, the Minister of State for Financial Affairs issued Ministerial Decision No. 26 of 2023 on the Criteria and Conditions for Electronic for electronic commerce for record keeping of the supplies made. This new reporting requirement is applicable for taxpayers whose e-commerce taxable suppliers exceed AED 100 million in a 12-month period (i.e., calendar year). They need to keep records of e-commerce transactions according ..read more

In UAE, the Ministry of Human Resources and Emiratisation (MHRE) issued the introduction of the new UAE Federal Labour Law in relation to Emiratisation in the UAE.   What is Emiratisation law? Emiratisation law is the rule implemented on UAE-based private sector companies to raise the participation of UAE nationals in the workforce. These laws, specifically Ministerial Decision No. 279 of 2022, will definitely impact the organisational policies and recruitment strategies of businesses.   Changes to the Emiratisation Laws There are some changes in the legislation in according to the ..read more

The Federal Tax Authority (FTA) launched early registration is available through the EmaraTax platform from Jan to May 2023 for certain categories of companies operating in the UAE. The UAE’s Federal Tax Authority (FTA) on Sunday announced that it launched early registration for corporate tax through the Emara Tax platform to ensure digital tax services to the registered members and businesses. The authority explained that the early registration period is available from January 2023 to May 2023 for certain categories of companies operating in the UAE. These selected companies will be receiving ..read more