UAE corporate tax

The authority indicated that the exceptional condition for benefitting from the exemption applies only to the first tax period of the entity subject to tax

Exemptions aim to ensure equal tax treatment between local and foreign entities owned by certain exempt entities

Late submission of tax registration applications now eligible for penalty waivers within specified deadlines

The FTA aims to clarify the income that will be taxed in the hands of juridical persons that are investors in a REIT

The updated decision sets out clear requirements for tax groups to prepare audited financial statements

This decision eases compliance for foreign investors and highlights the UAE's commitment to investment appeal

In 2024, 96 percent of FTA attendees expressed satisfaction with the informative nature of awareness events

In 2024, UAE nationals received 7,520 VAT refund applications for new residences, totaling $191.8 million
