UAE corporate tax
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
The FTA defines a 'natural person' as any living human being, regardless of age or residence
In 2024, UAE nationals received 7,520 VAT refund applications for new residences, totaling $191.8 million
This certification caters specifically to tax professionals employed by Dubai government entities
The modifications introduce various administrative reliefs and clarifications for businesses that establish Tax Groups.
FTA director general stressed partner collaboration's importance for the authority's goals and the national economy
The new tax is a logical evolution to the UAE’s broader economic and strategic advantages
The UAE is considering the implementation of a Research and Development Tax Incentive to encourage R&D activities
This will help them avoid administrative penalties for failing to comply with the legally mandated deadlines