Offshore Companies and Taxes in UAE
Yes, offshore companies in the UAE are now subject to Corporate Tax (CT). Previously, there was a common misconception that offshore companies were exempt from UAE taxes. However, this is no longer the case. Key points: * Corporate Tax Registration: All offshore companies operating in the UAE must register for Corporate Tax, regardless of their […]
GST Council Eases Taxpayer Compliance Burden
Major Rate Changes Goods/Service Revised Rate All Milk Cans 12% Cartons, Boxes, Cases of Paper/Paper board […]
E-commerce Sellers Count on Cash-Flow Gains from GST Cut
Sellers operating across E-commerce platforms expect to see cashflow benefits from a recommended reduction in tax collected at source (TCS) made by the GST Council due to the cumbersome nature of filing returns, the tax credits that are incurred through TCS often end up sitting with the Government for a long period of time without […]
UAE CORPORATE TAX REGISTRATION DEADLINE
irrespective of the year (Any Year)