by Auditor A | May 29, 2026 | English Topics
UAE Corporate Tax taxable income is determined by taking the accounting net profit or loss reported in financial statements prepared under IFRS, then applying the adjustments required by Federal Decree-Law No. 47 of 2022. Corporate Tax is charged at 0% on taxable...
by Auditor A | May 29, 2026 | English Topics
UAE Corporate Tax exempt income is income excluded from the taxable base under Federal Decree-Law No. 47 of 2022 — chiefly domestic dividends, qualifying dividends and gains under the Participation Exemption, and income of a Foreign Permanent Establishment where...
by Auditor A | May 29, 2026 | English Topics
The UAE Corporate Tax interest deduction limitation restricts a business’s deductible Net Interest Expenditure to the greater of 30% of adjusted EBITDA or a de minimis of AED 12 million per Tax Period, under Federal Decree-Law No. 47 of 2022. Disallowed interest...
by Auditor A | May 29, 2026 | English Topics
UAE Corporate Tax loss relief lets a business carry forward Tax Losses indefinitely and offset them against future taxable income, capped at 75% of the taxable income of each period, under Federal Decree-Law No. 47 of 2022. Continuity-of-ownership or same-business...
by Auditor A | May 29, 2026 | English Topics
UAE Corporate Tax deductible expenses are costs incurred wholly and exclusively for business that are not capital in nature, deductible in the period they arise under Federal Decree-Law No. 47 of 2022. Some costs are partly deductible — entertainment is capped at 50%...
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