FTA Publishes New Amendments to the UAE VAT Executive Regulations
Taxpayers in the UAE need to be aware of the new changes in the UAE VAT regime set to be effective from January 1st 2023. The Federal Tax Authority (FTA)…
Read More 
How Should Free Zone Persons Prepare for the UAE Corporate Tax?
Free zone companies and branches registered in any of the free zones in the UAE (Free Zone Persons) are subject to the UAE corporate tax. Since they are not outside…
Read More 
UAE Corporate Tax Frequently Asked Questions (FAQs) for Free Zone Persons
The introduction of corporate tax in the UAE represents the country’s shift from a no-tax region to a tax-levying jurisdiction. As the UAE corporate tax will take effect from June…
Read More 
FTA Guide on Refund of VAT on the Construction & Operation of Mosques
The construction and operation of mosques is a common activity carried out by relevant persons in the UAE. However, since it doesn’t constitute a business activity, recovery of input tax…
Read More 
AML Training for Employees: Key Objectives & Requirements in 2022
Developing a robust AML training programme for employees is a critical requirement for Financial institutions (FIs) and Designated Non-finance Businesses & Professions (DNFBPs) such as Dealers of Precious Metals and…
Read More 
EmaraTax: New Platform to Replace Existing UAE FTA Portal
The UAE Federal Tax Authority (FTA) will launch a new integrated platform called EmaraTax to significantly enhance the way taxpayers access the authority’s services. Taxable entities need to keep track…
Read More 
Everything UAE Taxpayers Must Know about Magnati, the Replacement for E-Dirham
Taxpayers must be aware of the new method accepted by the Federal Tax Authority (FTA) for making tax payments in the UAE. The FTA has discontinued the use of e-dirham…
Read More 
A Guide to the New UAE Law for Determining Tax Residency
The criteria for determining tax residency in the UAE is set to change with the issuance of the Cabinet Decision No. 85 of 2022. Even though issued on September 2nd…
Read More 
How Can You Identify Related Parties under UAE Corporate Tax?
The proposed UAE Corporate Tax will have transfer pricing rules which will ensure that the price of a transaction is not influenced by the relationship between the parties involved in…
Read More 
Why an MLRO Is Critical to Your AML Compliance Framework?
A Money Laundering Reporting Officer (MLRO), generally known as the AML compliance officer, is a vital element in a company’s framework for Anti-Money Laundering & Combating the Financing of Terrorism…
Read More