The United Arab Emirates (UAE) is a thriving hub for company formation, investment opportunities, and banking solutions, attracting entrepreneurs and investors ...
Non-residents of Canada who earn income from Canadian sources must navigate not only the Income Tax Act (ITA) but also consider the potential impact of tax trea...
1 - Introduction
When a motor vehicle is available for the use of an employee, manager, or shareholder beyond working hours, it is considered as partially used...
Overview
VAT is a transaction tax for businesses. Businesses pay VAT on purchases and charge it on sales, with a net balance payable or refundable.
Cha...
Overview
Corporate groups, regardless of their size, encompass diverse entities each serving a distinct purpose within the group structure. Typically, there is...
Overview
With the application of excise tax and VAT in the UAE and Federal Decree-Law No. 47/2022 On the Taxation of Corporations and Businesses and since Oc...
Overview
In the UAE, tourist tax regimes are different across the country. Not all of the Emirates apply such a tax.
With the introduction of these taxes, h...
Overview
The UAE's introduction of a 5% VAT in 2018 marked a pivotal moment in its economic history. It signaled a shift away from oil-dependent revenue and pr...
Overview
Effective from 1 January 2018, the United Arab Emirates has implemented a general tax on consumption in line with the Common VAT Agreement of the ...
FTA - Federal Tax Authority
CT - Corporate Tax
CTL - Federal Decree-Law 47 of 2022 – the Corporate Tax Law
CTG - Corporation Tax Guide published by FTA...
Overview
In the UAE, tourist tax regimes are different across the country. Not all of the Emirates apply such a tax.
With the introduction of these taxes, h...
Overview
On 27 November 2016, all Member States of the Gulf Cooperation Council (GCC) agreed to sign the Common VAT Agreement of the States of the Gulf Coope...
Disclaimer:
The official sources of information on Federal Taxes in the UAE are the Ministry of Finance and the Federal Tax Authority. The present article is n...