Corporate Tax for Professional Services Firms in the UAE: A Deep Dive
The UAE’s new corporate tax framework has changed the financial landscape for businesses, including professional services firms. While these firms have operated in a tax-free environment for years, they now need to rethink their financial strategies and ensure compliance with the new regulations. For law firms, consultancies, accounting firms, marketing agencies, and other professional service […]
UAE Corporate Tax & Dividends: What Business Owners Should Expect
Corporate tax is now a reality in the UAE, bringing significant changes for business owners. For years, the country was known for its tax-free environment, but with the introduction of corporate tax, companies must now adapt to a new financial landscape. One key area of concern is dividends—how they will be taxed, who will be […]
What Happens If You Don’t Register for Corporate Tax in UAE?
Corporate tax is now a reality in the UAE, marking a significant shift in the country’s tax policies. The government has introduced a 9% corporate tax on business profits exceeding AED 375,000, and all eligible businesses are required to register with the Federal Tax Authority (FTA). Ignoring tax registration is not an option. The UAE […]
Corporate Tax Planning in UAE: How to Structure Your Business for Tax Efficiency
The introduction of corporate tax in the UAE has changed how businesses operate. For years, companies enjoyed a tax-free environment, but with the 9% corporate tax on profits exceeding AED 375,000, businesses now need a smart tax strategy to remain efficient and profitable. If you are a business owner or planning to start a company […]
Is the UAE Still a Tax Haven? The Reality After Corporate Tax Introduction
For years, the UAE has been known as a tax haven—a place where businesses and individuals could operate without worrying about income taxes. Its business-friendly environment, strong economy, and lack of direct taxation made it a global hotspot for entrepreneurs and multinational corporations. However, things have changed. If you are a business owner, investor, or […]
Foreign Tax Credits & UAE Corporate Tax: Can You Reduce Your Tax Burden?
The UAE’s introduction of corporate tax has raised many questions for businesses, particularly those with international operations or revenue streams from foreign jurisdictions. One of the key concerns is double taxation—where a company pays tax on the same income in both the UAE and another country. To prevent this, the UAE allows businesses to claim […]