Corporate Tax and Its Applications in UAE Freezone
Welcome to our simplified guide on the Federal UAE Corporate Tax (CT) Law, effective as of June 1, 2023. This law marks a significant shift, applying universally across all Emirates,
What Every Owner Should Understand about VAT and Small Businesses?
In the dynamic world of business, understanding Value Added Tax (VAT) is crucial, especially for small businesses. If you’re a business owner, navigating the complexities of VAT may seem overwhelming,
Corporate Tax Exemptions in the UAE: Who Doesn’t Pay Tax?
Introduction Understanding corporate tax exemptions in the United Arab Emirates (UAE) is crucial for businesses seeking a favorable tax environment. In this blog post, we’ll simplify the concept of exemptions
All about Corporate Tax in the UAE: A Complete Guide
Introduction Welcome to the comprehensive guide on Corporate Tax in the United Arab Emirates (UAE). If you’re a business owner or a professional navigating the Corporate Tax UAE’s tax landscape,
UAE VAT Refund for Building New Residences
Where a UAE national owns or acquires land in the UAE on which he builds or commissions the construction of his own residence, he may make a claim to THE
Blocked Input Tax UAE VAT
Art. 53 of the Regulations specifies that input tax is blocked from recovery from THE AUTHORITY in relation to: Entertainment expenses Input tax is not recoverable if it is incurred
UAE Simplified Invoices
The Regulations prescribe that a simplified tax invoice may be issued where the recipient of goods or services is not registered or where the recipient of goods or services is
Tax Point UAE VAT
The tax point rules are outlined in accordance with Art. 23 of the Agreement, as set out in the main chapter, notes with additional clarification below in relation to goods
UAE Tax Invoices
The Agreement requires tax UAE invoices to be issued in relation to the supply of taxable goods or services, including a deemed supply, and in cases where there is either
VAT UAE : Deemed Supplies
Deemed supplies can be goods and services and are subject to VAT UAE. The VAT Law in Art. 11 considers a supply to be a deemed supply and subject to