UAE CORPORATE TAX REGISTRATION DEADLINE
irrespective of the year (Any Year)
UAE VAT on Healthcare Services. Part I-Hospitals and Clinics
UAE VAT on Healthcare services. Part II- Ancillary services
UAE VAT on Health care services-Part III
Permanent Establishment in UAE
Nanotech International is a Non-Resident company incorporated in the US, specializing cybersecurity solutions. It has a branch office in Dubai, focusing on market research and client acquisition. The Dubai office also has a small team that provides technical support to local clients. Its latest Balance sheet shows Office Equipment AED 8 million, Inventory 5 million,Office […]
UAE Corporate tax: Small business relief
UAE Corporate Tax: Small Business Relief Eligibility: Any resident taxable person whose revenue does not exceed AED 3 million in the relevant tax period and all the previous tax periods ending 31 December 2026. Major conditions: Exceptions: Example:ABC started business in Ajman in the year January 2024 and derived a revenue of AED 2 million. […]
UAE Corporate Tax:Connected Persons
Company Name: Beta Innovations LLCActivity: Software developmentLocation: Dubai Key persons:CEO: MarkCFO: GiriMajor shareholder : Sarah (61%)Minor Shareholder: Emily (11%)Q1. Is Mark a Connected person of Beta Innovations? Yes. Director or Officer of the companyQ2. Is Giri, a connected person? Yes, Director or Officer of the companyQ3. Is Sarah, a connected person? Yes, owns 60% of […]
Individuals and UAE Corporate tax
When does Corporate Tax Law apply to natural persons? A natural person refers to a living human person of any age, whether resident in the UAE or elsewhere. For minors or incapacitated individuals, the Corporate Tax obligations shall be fulfilled by their Legal Representative. A natural person is subject to Corporate Tax on their Business […]
UAE Corporate Tax-Interest and entertainment expenses-a case study
XYZ Technology LLC Location: Dubai Extracts from Financial Statements: Break up of G&A expenses: Salaries and employee benefits : 2 million Depreciation : 1 million Hotel expenses for a Customer visit : 100,000 Other Operating expenses : 3.9 million Calculation of Taxable Income and Tax payable: Revenue : 14 million Less: Salaries & benefits : […]
Individual and UAE Corporate tax:Influencer-a case study
A natural person, Mr. A, based in the UAE, creates content on various social media platforms. They earn money from and through these platforms. One source of income comes from collaboration with brand owners to create sponsored content and from participating in brand campaigns. In such collaborations, they negotiate payment terms with the brand, which […]