Excise Tax Controversies in UAE: Industry Perspectives and Regulatory Challenges

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.

Excise Tax Controversies in UAE: Industry Perspectives and Regulatory Challenges

Excise tax is a component of indirect tax system that has been adopted in the United Arab Emirates (UAE) with the main aim of controlling the consumption of some goods that are deemed to have negative impacts on the society. However, excise tax has faced various challenges and controversies when it comes to its implementation … Continue Reading

Comprehensive Guide to UAE Corporate Tax Exemptions

The UAE has recently released a new legislation of the corporate tax and it will come into force from June 2023. While under the UAE corporate tax law, corporations earning over AED 375,000 of taxable profits will be required to pay a tax of 9%, several entities are tax-exempt. This Tax Consultant Dubai aims to … Continue Reading

VAT Implications for the Construction Industry in the UAE

The introduction of Value Added Tax (VAT) in the UAE on January 1, 2018, was a significant step towards boosting UAE’s economy. The construction industry is a crucial sector of the UAE economy which is also subject to VAT regulations. VAT Policies for the Construction Industry The construction industry in the UAE must pay the … Continue Reading

Exempt businesses under corporate tax in UAE

The United Arab Emirates (UAE) has introduced a corporate tax law, Federal Decree-Law No. 47 of 2022, effective from financial years starting on or after 1 June 2023. While most businesses will be subject to a 9% corporate tax rate on taxable income exceeding AED 375,000, however there are certain businesses and entities are exempt … Continue Reading

Checklist for Corporate Income Tax Registration in the UAE

Things to Do Before Registration for UAE Corporate Tax

Decisions No. 10 & 3 of 2024 were Issued by the UAE Government by declaring mandatory registration for all taxable entities including free zone companies. Earlier in December 2022, the new legal regime of the corporate tax UAE was introduced by the Ministry of Finance and was declared effective from June 2023, for adjusting the … Continue Reading

Individual Foreign Tax Relief and Tax Treaties

Individual foreign tax relief and tax treaties play an important role in international tax agreements. With individuals and companies forming cross-border affiliations, the problem of double taxation is created, which must be resolved. This article’s focus revolves around individual foreign tax relief and tax treaties which are used to obtain double taxation relief. What is … Continue Reading