Corporate Tax for Real Estate in UAE : How Real Estate Income is Treated in UAE
A Dubai investor owned three apartments generating AED 480,000 in annual rental income. For years, he had structured his property holdings through his free zone company. It made sense at the time. The free zone offered administrative convenience, a clean corporate structure, and what he understood to be a favorable tax environment. His operating business […]
How Trading Firms in the UAE Should Properly Close Their Books for the 2025 Tax Year
Don’t let year-end stress overwhelm your finance team. We break down the proper closing process for UAE trading companies into a manageable checklist. Learn how to handle cross-border transaction adjustments, cut-off procedures, and audit preparation to ensure a seamless transition into 2026.
Excise Tax Impact on E-Commerce & Online Sales in UAE
E-commerce in the UAE is growing at an incredible pace, with businesses selling everything from electronics and fashion to food and beverages. However, not all online products are taxed the same way. Businesses that sell excise goods—such as tobacco, vaping products, energy drinks, and sweetened beverages—must comply with strict excise tax regulations. Many online retailers […]
How to Claim Excise Tax Refunds in the UAE: A Step-by-Step Process
Excise tax in the UAE applies to tobacco, vaping products, energy drinks, soft drinks, and sweetened beverages. Businesses that import, manufacture, or distribute these products must pay excise tax before selling them in the market. However, in certain cases, businesses may be eligible for an excise tax refund. Many businesses do not realize they can […]
How Excise Tax Affects Importers & Distributors in the UAE
Excise tax in the UAE is a crucial regulation that importers and distributors must fully understand to avoid financial losses, compliance risks, and supply chain disruptions. Introduced to control the consumption of harmful goods, excise tax applies to tobacco, vaping products, soft drinks, and energy drinks. Unlike VAT, excise tax is charged at high rates […]
Excise Tax vs VAT in UAE: Key Differences Every Business Must Know
Taxes are a crucial part of running a business in the UAE. Two of the most important taxes that companies must deal with are Excise Tax and Value-Added Tax (VAT). While both are indirect taxes imposed by the government, they serve different purposes and apply to different types of goods and services. Many businesses in […]