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What is Country by Country Reporting in UAE?

Are Government and Government-Controlled Entities exempt from corporate tax UAE?

Government and Government-Controlled Entities exempt from corporate tax UAE

 This article seeks to explore whether government entities and government-controlled entities are exempt from corporate tax UAE as per the latest Corporate Tax Explanatory Guide. Thus, taxable persons are advised to seek the services of Tax Consultants in Dubai to seamlessly determine their taxability and to stay compliant.    What are Government Entities under Corporate Tax … Continue Reading

Maintenance of Electronic Data for VAT purposes

Maintenance of Electronic Data for VAT purposes

Ministerial Decision No. 26 of 2023 stipulates the conditions and criteria for conducting electronic commerce business for the purpose of keeping delivery records. The requirement is applicable to taxable persons whose e-commerce taxable supplies are more than 100 million AED in a financial period of 12 months (calendar year). Therefore, it is advisable for e-commerce … Continue Reading

Categories VAT

UAE Corporate Tax Registration and Exemptions: A Complete Guide

UAE Corporate Tax Registration

The UAE Ministry of Finance passed Ministerial Decision No.43 on 10 March 2023, in relation to exemptions from corporate tax registration. The decision furnishes detailed conditions to qualify for corporate tax registration exemptions. Therefore, taxable persons are advised to consult UAE Tax Consults to establish their exemption status as per the corporate tax law and … Continue Reading