by Danissa Guotana | May 8, 2023 | Business, Corporate Tax, Other Tax
Dubai: Businesses, their owners, and auditors in the UAE are awaiting the next big update on the corporate tax – the one related to ‘qualifying income’ for free zone entities and on which they get the 0 per cent tax benefit. A decision on this is ‘imminent’, according...
by Danissa Guotana | May 5, 2023 | Business
An immediate rise in trade flows was a key objective from the UAE-India CEPA deal – but two-way investments seem to be doing just as well with Indian businesses signing up for ‘Window to the World’ theme that the UAE has put forth. This is where the planned digital...
by Danissa Guotana | May 3, 2023 | Business, Corporate Tax, Other Tax
UAE businesses will become subject to corporate tax from the beginning of their first fiscal year that begins on or after June 1, 2023 – here is everything you need to know as the deadline looms. The UAE officially issued a federal decree-law on corporate...
by Danissa Guotana | May 1, 2023 | Business, Corporate Tax, Other Tax, VAT
The Federal Tax Authority (FTA) will launch four transformative projects aimed at enhancing the UAE’s competitiveness and realising its vision for the future. A Muwafaq package is designed to boost ease of doing business and tax compliance of small and medium-sized...
by Danissa Guotana | Apr 28, 2023 | Accounting, Business
The Dubai real estate sector saw real estate transactions worth AED10.9bn ($2.96bn) this week, according to figures released by the Dubai Land Department (DLD). A total of 2,049 transactions were made in the week ending Friday, April 28. The DLD report said that 172...
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