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UAE corporate tax: Authorities remind businesses to register before November 30

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...

UAE announces changes to tax compliance requirements for unincorporated partnerships

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...

UAE announces grace period for taxpayers

by PREMA Team | Nov 7, 2024 | Corporate Tax, Other Tax, VAT

The UAE has offered a grace period to taxpayers to help them avoid fines and penalties resulting from tax records. The Federal Tax Authority (FTA) announced a new decision to support businesses in efficiently meeting their tax obligations, offering...

FTA advises Taxable Persons to adhere to the timelines

by PREMA Team | Nov 4, 2024 | Corporate Tax

The Federal Tax Authority (FTA) has urged Resident Juridical Persons with Licenses issued in October and November, irrespective of the year of issuance, to promptly submit their Corporate Tax registration application no later than 30 November 2024. In a press...

UAE introduces new tax law

by Danissa Guotana | Oct 31, 2024 | Accounting, Business, Corporate Tax, VAT

The UAE has announced new laws to transform tax collection and record-keeping for businesses in the country. Under new rules, taxpayers in the UAE will be able to standardise and automating invoicing with new digital channels. The Ministry of Finance...

UAE gives some taxpayers until the end of month to submit applications or face fines

by PREMA Team | Oct 28, 2024 | Business, Corporate Tax

The UAE has called on relevant taxpayers to submit applications before the end of this month or face fines. The Federal Tax Authority (FTA) has renewed its call for Resident Juridical Persons with licenses issued in August and September,...

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