Corporate Tax Residency Certificate for Natural Persons in Small Businesses
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.
The UAE Ministry of Finance issued a comprehensive guide that breaks down the process for acquiring a Tax Residency Certificate (TRC) under Double Taxation Agreements (DTAs). The Tax Residency Certificate (TRC) is an official document issued by the Federal Tax Authority (FTA) to verify the tax residency status of an individual or business in the … Read more
Aligning with global norms, the UAE’s corporate tax law integrates an extensive Transfer Pricing framework, reflecting the UAE transfer pricing guidelines. Key aspects of these rules are outlined in specific provisions, with Article 34 emphasizing the Arm’s Length Principle, ensuring that transactions between related parties mirror those between independent entities. Applicability of the Arm’s Length … Read more
Businesses are required to provide information about their sales and purchases to the Federal Tax Authority as part of the VAT return filing process. It involves figuring out the VAT requirements which takes into account the discrepancy between the VAT collected on sales and the VAT paid on purchases over a given time frame. The tax authorities … Read more
Businesses must deregister from the VAT system, in instances where they cease conducting business activities related to VAT supplies. In the UAE, the Federal Tax Authority (FTA) administers this process. Thus, to effectively cancel Value Added Tax Registration in compliance with statutory regulations, businesses should seek the expert services of top Tax Consultants in Dubai. … Read more
The double tax treaty signed between the United Arab Emirates (UAE) and the French Republic, effective from December 1, 1990, addresses issues of double taxation and fiscal evasion concerning taxes. It applies to residents of either or both countries and covers various taxes. In France, this includes income tax, corporation tax, social contributions on corporate … Read more
To ensure compliance with the corporate tax procedures and regulations, businesses are required to fully comprehend their tax period, for purposes of filing corporate income tax returns. This article explains the general tax period applicable to most businesses as well as possible variations. Thus, businesses are advised to seek the expert services of reputable Tax Consultants in … Read more