All Taxable Persons (including Free Zone Persons) will be required to register for Corporate Tax and obtain a Corporate Tax Registration Number. The Federal Tax ...
Free Zone Persons
When can a Free Zone Person be a Qualifying Free Zone Person? A Free Zone Person that is a Qualifying Free Zone Person can benefit from a preferential Corpor ...
What are Tax Groups, and when can they be formed?
Two or more Taxable Persons who meet certain conditions (see below) can apply to form a “Tax Group” and be treated as a single Taxable Person for Corporate Tax ...
What is the Corporate Tax rate?
Corporate Tax will be levied at a headline rate of 9% on Taxable Income exceeding AED 375,000. Taxable Income below this threshold will be subject to a 0% rate ...
What is Corporate Tax?
1.Introduction The Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (hereinafter referred to as the “Corporate Tax Law”) was i ...
EXCISE TAX REGISTRATION
Excise Tax is the responsibility of any person engaged in: The import of excise goods into the UAE. The production of excise goods where they are re ...
WHAT IS EXCISE TAX?
The UAE, Excise Tax is currently applied on the following goods: Tobacco and tobacco products. Liquids used in electronic smoking devices and tools. ...
Registration For VAT
A business must register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000. Furthermore, a business may c ...
What Is VAT?
VAT is a transaction-based indirect tax which is levied at each step of the supply chain. End consumers generally bear the VAT cost while registered businesse ...