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Author: Artificial Intelligence Generated Content

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How the AED 375,000 Threshold Impacts Small and Medium Enterprises (SMEs) in the UAE

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

Since the introduction of VAT in the UAE on January 1, 2018, businesses have been required to evaluate their operations in light of compliance thresholds and tax obligations. One of the most crucial figures that every business—especially small and medium...

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How FTA Public Clarifications Help Businesses Interpret VAT Rules

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

The introduction of VAT in the UAE in 2018 brought significant changes to the business environment. While the Federal Decree-Law No. (8) of 2017 and the Executive Regulations offer a comprehensive legal framework, many businesses still struggle with real-world interpretation...

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How Freelancers and Consultants Should Handle VAT in the UAE

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

The freelance economy in the UAE is growing rapidly as professionals increasingly opt for self-employment and consulting roles. From tech developers and content creators to financial advisors and marketing consultants, freelancers now play a vital role in the UAE’s service-based...

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History and Rationale Behind the Introduction of Corporate Tax in the UAE

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

The United Arab Emirates (UAE) has long been recognized as a tax-friendly jurisdiction, known for its lack of personal income tax and a previously minimal corporate tax structure. However, the country’s economic landscape has evolved significantly over the years, prompting...

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Hiring a Tax Agent in the UAE: What to Look For

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

With the implementation of VAT in 2018 and the introduction of Corporate Tax in 2023, the UAE’s tax landscape has undergone significant transformation. For businesses navigating these regulations, hiring a qualified tax agent can provide much-needed clarity, accuracy, and strategic...

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Filing VAT and Corporate Tax Together: Coordinated Record-Keeping in the UAE

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

With the recent introduction of Corporate Tax in the UAE alongside the existing VAT regime, businesses are now responsible for dual compliance obligations. While VAT has been in effect since 2018, the Corporate Tax framework from June 2023 adds a...

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Exporting Services from the UAE: VAT Implications and Zero-Rating Rules

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

With the UAE's strategic geographic location and robust infrastructure, many businesses based in the country offer services to international clients. Whether it's IT consulting, financial advisory, design, marketing, or professional services, understanding the VAT treatment of such exports is essential...

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Exit Strategies and Tax Implications for UAE Businesses

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

Exiting a business is a critical phase in the lifecycle of any company. Whether the decision is driven by retirement, acquisition, restructuring, or liquidation, planning an exit strategy must involve a thorough understanding of the financial and tax implications. In...

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Exemption for Public Benefit Entities, Pension Funds, and Investment Funds Under UAE Corporate Tax

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

The introduction of the UAE Corporate Tax regime has brought clarity and structure to business taxation in the country. While most entities are subject to a standard tax rate of 9%, the law carves out several exemptions, particularly for sectors...

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Entertainment Expense Limits for Tax Purposes in the UAE

June 13, 2025June 13, 2025 Artificial Intelligence Generated Content Leave a comment

Under the UAE Corporate Tax regime, businesses must clearly distinguish between allowable and non-allowable expenses when calculating their taxable income. One such category that receives particular scrutiny is entertainment expenses. While some entertainment costs are necessary for business operations, the...

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