Author name: consorata

UAE Government Issues Federal Decree-Law Amending Law on Regulation of Employment Relationship UAE Government Issues Federal Decree-Law Amending Law on Regulation of Employment Relationship UAE Government Issues Federal Decree-Law Amending Law on Regulation of Employment Relationship 1. A fine ranging from AED 100,000 to AED 1,000,000 will be imposed on anyone who:– Employs a worker […]

The FTA has published the Corporate Tax Guide ‘Determination of Taxable Income’ The FTA has published the Corporate Tax Guide ‘Determination of Taxable Income’ The FTA has published the Corporate Tax Guide ‘Determination of Taxable Income’ The FTA has published the Corporate Tax Guide ‘Determination of Taxable Income’ where it provides guidance on taxable income

Corporate Tax Public Clarification – the definition of ’Related Parties’ where there is a common ownership and/or Control through a Government Entity Corporate Tax Public Clarification – the definition of ’Related Parties’ where there is a common ownership and/or Control through a Government Entity Corporate Tax Public Clarification – the definition of ’Related Parties’ where

Tax Loss Relief Tax Loss Relief Tax Loss Relief What is Tax Loss?If a Taxable Person’s deductible expenditure exceeds its income that is subject to Corporate Tax, they will have negative Taxable Income i.e. Tax Loss What is the Relief?Tax Loss can be used to reduce Taxable Income in future Tax Periods to a maximum

Voluntary VAT Registration Voluntary VAT Registration Voluntary VAT Registration Who may voluntary register for VAT? UAE-resident businesses who make taxable supplies in the UAE may voluntarily register for VAT if the value of their taxable supplies and imports, or taxable expenses, incurred in the last 12 months exceeded, or is expected to exceed in the

The FTA has published a new Public Clarification on Performing the Function of Director on a Board of Directors by a Natural person Public Clarification on Performing the Function of Director on a Board of Directors by a Natural person The FTA has published a new Public Clarification on Performing the Function of Director on

Small Business Relief Election for Corporate Tax Purposes Small Business Relief Election for Corporate Tax Purposes Small Business Relief Election for Corporate Tax Purposes Who can elect for a Small Business Relief? – Resident Person (natural person and juridical person)  What are the Conditions for a Small Business Relief election? * Register in Corporate Tax

FTA has published Corporate Tax Guide on Free Zone Persons Corporate Tax Guide on Free Zone Persons FTA has published Corporate Tax Guide on Free Zone Persons FTA has published Corporate Tax Guide on Free Zone Persons The guide provides readers with an overview of: – The conditions required to be met for a Free

Small Business Relief for Corporate Tax Small Business Relief for Corporate Tax Small Business Relief for Corporate Tax Small Business Relief for Corporate Tax What is The purpose of Small Business Relief? * Support small businesses* Ease their implementation of the Corporate Tax regime* Eligible persons can elect to be treated as not having any

FTA has published Corporate Tax Guide on Investment Funds and Investment Managers Corporate Tax Guide on Investment Funds and Investment Managers FTA has published Corporate Tax Guide on Investment Funds and Investment Managers FTA has published Corporate Tax Guide on Investment Funds and Investment Managers The guide provides readers with an overview of: * An