by webmaster | Nov 19, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0023 A juridical person is a Resident Person for the purposes of Corporate Tax if it is either: incorporated or otherwise established or recognized in the UAE (this includes juridical persons incorporated, established or...
by webmaster | Nov 19, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0021 A juridical person refers to an entity incorporated or otherwise established or recognized under the laws and regulations of the UAE, or under the laws of a foreign jurisdiction, that has a legal personality separate from...
by webmaster | Nov 19, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0019 Taxable Persons are required to self-assess their Corporate Tax liabilities by submitting a Tax Return on an annual basis and to pay the Corporate Tax liability to the FTA. Tax Returns must be filed and payments made within...
by webmaster | Nov 18, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0017 The Corporate Tax regime also provides for the carry-forward and transfer of available Tax Losses, and requires Taxable Persons to specifically account for transactions with Related Parties and Connected Persons using the...
by webmaster | Nov 18, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0015 Taxable Persons must calculate their Taxable Income on an annual basis using their accounting net profit or loss for the relevant period as set out in their Financial Statements (i.e. their Accounting Income) as the starting...
by webmaster | Nov 18, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0013 Both incorporated and unincorporated businesses, including businesses operated by natural persons, can potentially benefit from small business relief if they meet the relevant requirements.This means that these businesses...
by webmaster | Nov 17, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0011 Real Estate Investments are activities undertaken by an individual in relation to the direct or indirect sale, lease, sub-lease and rental of land or real estate property in the UAE that are not conducted through a...
by webmaster | Nov 16, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0009 Personal Investments are activities that a natural person undertakes in their personal capacity and not through a License (or not required to be undertaken through a License), and the activities are not considered a...
by webmaster | Nov 16, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0007 Corporate Tax does not apply to a natural person’s salary, wages and other employment income. It also does not include income from Personal Investments and Real Estate...
by webmaster | Nov 14, 2023 | English Topics, Uncategorized
Corporate tax - UAE - Did you know? - #0002 Corporate Tax is a form of direct tax levied on the Taxable Income of corporations and other Businesses. Corporate Tax is sometimes also referred to as ‘Corporate Income Tax’ or ‘Business Profits Tax’ in other...
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