UAE Corporate Tax Registration and Exemptions: A Complete Guide

Mostafa

Mostafa is a qualified Corporate Tax Consultant with over 5 years of experience gained in diverse intricate tax matters, he has high expertise in conducting tax negotiations and investigations with the Federal Tax Authority and other external Tax Bodies. He has vast experience in reviewing and drafting tax documents. Mostafa has also advised on a plethora of tax matters, he draws much attention to tax filing procedures and to offering professional investigations to underlining tax complexities.

UAE Corporate Tax Registration and Exemptions: A Complete Guide

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 … Read more

Tax Group Formation Under the UAE Corporate Tax Regime

Under the UAE’s comprehensive corporate tax regime, businesses can manage their taxes in a streamlined manner. By forming a corporate tax group, companies or entities can share profits, losses, and assets within the same corporation as well as operate under stand-alone concepts with their own distinct operations. To make use of this scheme effectively and … Read more

UAE corporate tax relief for small business

UAE corporate tax relief for small businesses statute was enforced through Ministerial Decision No. 73 of 2023 in line with Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the UAE Corporate Tax Law). Subsequently, taxable persons are advised to seek the services of accredited tax consultants in UAE to seamlessly … Read more

How Will the UAE Corporate Tax Regime Apply to Partnerships?

Under the UAE corporate tax regime, partnerships are considered to be legal entities and thus liable to register and file for corporate tax. However, there are exceptions to this rule, some unincorporated partnerships will be exempt from corporate taxes under certain conditions. Different types of partners may also be subject to different levels of taxation … Read more

Comprehensive Guide to UAE Corporate Tax Exemptions

The issuance of Federal Law Decree no. 47/2022 with respect to corporation taxation seeks to construct an integrated tax regime for the enhancement of UAE international financial, and economic support, and competitiveness by establishing partnerships. This article explains the exemptions granted under the UAE corporate tax law. Thus, it is imperative for taxable persons to … Read more

UAE Corporate Tax Law on Real Estate Sector

Corporate Tax Law, UAE vide Federal Law No. 47/2022 will be enforceable on taxable income of both resident and nonresident persons in real estate business under commercial and trade licenses. The UAE corporate tax rate is zero percent for a gain of up to 375,000 or less and nine percent for 375,000 or more. Therefore, … Read more