Closing a UAE company involves more than cancelling its trade licence. If the business is registered for Corporate Tax, it may also need to complete a separate Corporate Tax deregistration process with the Federal Tax Authority (FTA). Missing this step can leave the business with ongoing tax compliance obligations and potentially expose it to late […]

A foreign company can do business with customers in the UAE without automatically becoming subject to UAE Corporate Tax. The position changes when its activities create a Permanent Establishment (PE) in the country. Understanding where that line falls is important for foreign businesses with offices, employees, projects, agents or other operations in the UAE. Quick […]

Businesses with multiple UAE companies often face the same question: should each company manage its Corporate Tax obligations separately, or can the companies form a UAE Corporate Tax Group? Under the UAE Corporate Tax regime, qualifying companies can apply to form a Tax Group and be treated as a single taxable person. This can simplify […]

Small businesses in the UAE often hear about UAE Corporate Tax Small Business Relief and the AED 3 million revenue threshold. But being below AED 3 million does not automatically mean a business qualifies. Businesses need to check their current and previous Tax Period revenue, confirm that they are not covered by an exclusion, make […]

For many businesses in the UAE, an external audit is viewed as an annual compliance exercise. However, an independent audit can provide much more than a set of audited financial statements. It can help businesses verify financial information, identify weaknesses, strengthen credibility and support better financial decision-making. The need for an external audit depends on […]

Corporate Tax, VAT, FTA Audits, Deadlines and EmaraTax Requirements UAE businesses today have to manage much more than filing VAT and Corporate Tax returns. Tax compliance now involves Corporate Tax registration, VAT compliance, Small Business Relief, Free Zone taxation, Transfer Pricing, FTA audits, E-Invoicing, Global Minimum Tax requirements, EmaraTax updates, refunds, deregistration and proper maintenance […]