New Deadline to Issue Tax Invoice in UAE 2025: Updated Rules & 14-Day Issuance Requirement
khan
Shayan Khan is an experienced Corporate Tax Consultant with over 4 years of expertise. He's skilled in negotiating and investigating taxes with government bodies like the Federal Tax Authority. Shayan excels in reviewing and drafting tax documents and offers strategic advice on complex tax matters. Clients trust his guidance in navigating tax procedures and minimizing liabilities.
The newly introduced articles under Federal Decree-Law No. 16 of 2024 and Federal Decree-Law No. 17 of 2024 have streamlined specific types of tax invoices by implementing requirements for their issuance. These provisions encompass various forms of invoices, including simplified invoices, summary invoices, periodic invoices, and other similar invoice types. What is the new due date … Read more
The Federal Tax Authority (FTA) issued the Tax Procedures Guide TPGTR1 on Tax Residency Certificates (TRC) and tax residency in the UAE. This Guide is designed to assist individuals and businesses to effectively determine taxability and provides a comprehensive explanation of tax residency rules in the UAE. Key Aspects of Tax Residency in the UAE … Read more
Cabinet Decision No. 100/2024, issued by the Federal Tax Authority, introduced amendments to the Value Added Tax (VAT) Executive Regulations under Federal Decree-Law No. 8/2017. This article explains VAT exemptions in line with the latest VAT law amendments. Expansion of Financial Services Exemption The scope of financial services covered under Article 42 of the VAT … Read more
Under Article 40 of the UAE Corporate Tax Law, specific criteria and conditions must be met for the formation of a tax group. These provisions emphasize control, coherence, and consolidation among group members, with capital ownership serving as the structural foundation of the tax group. Key Ownership Characteristics of a Tax Group: A UAE tax … Read more
Leading corporate tax consultants in Dubai-UAE, play an essential role in ensuring compliance with the UAE’s corporate tax regulations. Businesses in UAE are required to ensure compliance with the corporate tax law and avoid potential penalties or fines. This article details the top corporate tax consultants in Dubai, UAE, detailing their range of services, key … Read more
A tax group allows multiple companies to combine their business operations under one bracket for taxation, simplifying their tax liability. This article explains the process of Tax Group’s formation, dissolution, and effects on Subsidiaries entering or exiting the group. Joining a Tax Group Subsidiaries may join a tax group where: Application procedure: The parent and … Read more