UAE
Top Stories
THIS WEEK
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UAE FTA Clarifies “Director” and “Officer” Rules Under Corporate Tax
Why the UAE’s Connected Persons Clarification Matters The UAE Federal Tax Authority (FTA) has issued a highly anticipated Corporate Tax Public Clarification (CTP010) addressing one of the more practical and sensitive questions businesses have faced since the introduction of UAE Corporate Tax: Who actually qualifies as a “director” or “officer” under the Connected Persons rules?…
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UAE Launches Dedicated E-Invoicing Information Portal to Streamline Future Tax Reporting
Set to launch in 2026, the e-Invoicing system will enable near real-time exchange of invoices and tax reporting
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UAE: Grace Period for Updating Tax Records
Public Clarification from the Federal Tax Authority allowing businesses to update their tax records without incurring penalties
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UAE Implements Revisions to VAT Executive Regulations
Set to take effect on November 15, 2024
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UAE Extends Deadline for Filing Corporate Tax Returns and Settling Corporate Tax Payable for Certain Taxpayers
December 31, 2024 is the new deadline for such tax payers
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UAE FTA Releases Comprehensive User Manuals for UAE Taxpayers
Released and updated to help taxpayers navigate the implementation of Corporate Tax
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UAE Publishes Guide on Determination of Taxable Income for Corporate Income Tax
107-page document clarifying key concepts under UAE Corporate Tax Law. Covers Taxable Income determination and Tax Payable calculation.
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UAE: Definition of “Related Parties” under Corporate Tax Law
Public Clarification published by UAE authorities
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UAE FTA Announces Update to Tax Clarification Policy
Possibility to apply for APA and obtain Clarifications
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UAE: Voluntary Disclosure Program for Customs in Dubai
The program allows businesses to correct past customs declaration errors, potentially avoiding fines. Covers various violations including import/export, transit,…