Category: UAE Taxation

In a significant reform of the global tax framework, the Organisation for Economic Co-operation and Development (OECD) has introduced a two-pillar solution to address the tax challenges of the digital economy. At the heart of Pillar Two lies a groundbreaking...

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With the introduction of the Value Added Tax (VAT) system in the United Arab Emirates in 2018, businesses have had to adapt to a new framework of indirect taxation. One of the most important concepts in this framework is Input...

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As the United Arab Emirates (UAE) continues to enhance its global reputation as a transparent and tax-compliant jurisdiction, the concepts of Economic Substance and VAT compliance have become increasingly critical for businesses operating within the country. While these are two...

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With the enforcement of the UAE Corporate Tax Law effective from June 2023, Free Zone businesses in the UAE are under the spotlight—especially those seeking to qualify for the 0% preferential tax rate. A key concept introduced under this regime...

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The Value Added Tax (VAT) regime in the United Arab Emirates (UAE) imposes clear obligations on registered businesses, one of which is the timely filing of VAT returns. The Federal Tax Authority (FTA) has established a framework to ensure that...

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The introduction of Corporate Tax in the United Arab Emirates (UAE) in June 2023 marked a significant milestone in the country’s economic evolution. Traditionally known as a tax-free haven, the UAE's implementation of a structured, globally aligned corporate tax framework...

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With the introduction of Corporate Tax in the United Arab Emirates (UAE) effective from June 1, 2023, businesses now need to clearly understand which expenses are deductible when calculating their taxable income. This knowledge is essential to ensure proper tax...

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In the United Arab Emirates (UAE), the implementation of Value Added Tax (VAT) in January 2018 introduced a comprehensive framework for taxation on the supply of goods and services. While the standard VAT rate is 5%, certain goods and services...

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In the UAE VAT system, the concept of "Designated Zones" plays a crucial role in determining how VAT applies to goods and services traded within specific geographic areas. These zones are areas treated as being outside the UAE for VAT...

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In the UAE, issuing a proper VAT invoice is not just a good business practice—it is a legal requirement under the Federal Tax Authority (FTA) regulations. Whether you are a supplier of goods or services, a valid VAT invoice ensures...

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