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What to Expect During a Corporate Tax Audit in the UAE

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

With the introduction of the UAE Corporate Tax regime effective from June 1, 2023, businesses operating within the UAE are expected to maintain accurate records, comply with reporting requirements, and submit timely tax returns. As part of ensuring compliance, the...

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What Is VAT-Exempt in the UAE? A Complete List of Sectors and Goods

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

Since the introduction of Value Added Tax (VAT) in the United Arab Emirates on January 1, 2018, businesses and consumers have had to adapt to new tax rules across various sectors. While most goods and services are subject to the...

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What is VAT in the UAE? A Beginner’s Guide for Businesses

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

Introduced on 1 January 2018, Value Added Tax (VAT) is one of the most significant tax reforms in the United Arab Emirates (UAE). With a standard rate of 5%, VAT has added a new layer of compliance and financial planning...

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What Is UAE Corporate Tax? A Beginner’s Guide for Businesses

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

The introduction of corporate tax in the United Arab Emirates (UAE) marks a transformative step in the nation's fiscal and regulatory landscape. Traditionally known for its business-friendly tax environment, the UAE has adopted a formal corporate tax regime to align...

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What Is the 15% Minimum Tax Rate Under OECD Pillar Two for Large MNEs?

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

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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What is Input VAT? How to Claim It Legally in the UAE

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

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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What Is Economic Substance and Its Relationship with VAT Compliance?

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

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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What Is a Qualifying Free Zone Person Under UAE Corporate Tax Law?

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

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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What Happens if You Miss a VAT Return Filing Deadline in the UAE?

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

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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What Global Businesses Can Learn from the UAE Corporate Tax Model

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

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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