by PREMA Team | Jan 7, 2025 | Business, Corporate Tax
KUWAIT CITY: The 15% tax law, set to take effect for multinational entities starting from tax periods beginning on or after January 1, includes a nine-month grace period for companies to apply for registration without incurring administrative penalties. The Ministry...
by PREMA Team | Dec 26, 2024 | Corporate Tax
The FTA has streamlined the Corporate Tax registration process through the EmaraTax digital platform, accessible 24/7 The Federal Tax Authority (FTA) has urged all Resident Juridical Persons with licences issued in December, regardless of the year of issuance, to...
by PREMA Team | Dec 24, 2024 | Corporate Tax
The UAE Ministry of Finance on Monday announced a series of administrative reliefs and clarifications for businesses forming tax groups. The revised provisions simplify the requirements imposed on foreign juridical persons that are considered resident persons in the...
by PREMA Team | Dec 20, 2024 | Business, Corporate Tax
The UAE has more than 450,000 companies registered for Corporate Tax, according to Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA). The figure demonstrates the strong commitment from the business sector to align with the new tax...
by PREMA Team | Nov 27, 2024 | Corporate Tax
The UAE’s Federal Tax Authority (FTA) has renewed on Sunday a call on businesses with licenses issued in October and November, irrespective of the year of issuance, to promptly submit corporate tax registration applications before November 30 to avoid...
by PREMA Team | Nov 19, 2024 | Corporate Tax, Other Tax
The UAE’s Ministry of Finance announced Monday that it there would be amendments to Ministerial Decision Nos. (261) of 2024 on Unincorporated Partnerships, Foreign Partnerships and Family Foundations for the purposes of Federal Decree-Law No. 47 of 2022 on the...
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