by PREMA Team | Oct 3, 2025 | Corporate Tax
The Ministry of Finance announced the issuance of two Ministerial Decisions clarifying the scope of obligations and the timelines for implementing the Electronic Invoicing System in the United Arab Emirates. These decisions represent fundamental steps in the UAE’s...
by PREMA Team | Sep 8, 2025 | Corporate Tax
UAE allows 4 per cent tax depreciation on investment properties from 2025, boosting real estate businesses under new corporate tax rules Tax advisory firm Dhruva has welcomed a major UAE corporate tax update that allows 4 per cent annual depreciation on investment...
by PREMA Team | Sep 4, 2025 | Corporate Tax
The Ministry of Finance (MoF) announced the repeal of Ministerial Decision No. 265 of 2023, replacing it with Ministerial Decision No. 229 of 2025 on Qualifying Activities and Excluded Activities, which clarifies the scope of Qualifying Activities for Corporate Tax...
by PREMA Team | Aug 28, 2025 | Corporate Tax, Other Tax, VAT
The Federal Tax Authority (FTA) reiterated that all businesses subject to UAE Corporate Tax must maintain comprehensive records and documents supporting the information provided in their tax returns, warning that failure to comply will result in administrative...
by Danissa Guotana | Aug 26, 2025 | Corporate Tax
The OECD, comprising 38 of the world’s largest economies, has included the UAE’s 15 per cent tax on large multinational companies in its “transitional qualified status” list. The move is expected to provide more transparency for companies doing business in...
by PREMA Team | Aug 5, 2025 | Corporate Tax, Other Tax, VAT
The Ministry of Finance and the Federal Tax Authority (FTA) in UAE have announced a major revision to the excise tax structure applied to sugar-sweetened beverages (SSBs), introducing a new tiered volumetric model that links the tax per litre to the beverage’s sugar...
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