Cabinet Decision No. (82) of 2022 regarding the recovery of input tax incurred on the construction and operation of mosques Cabinet Decision No. (25) of 2018 regarding the mechanism for applying value-added tax on gold and diamonds among those registered in the country Cabinet Decision No. (26) of 2018 regarding...

EmaraTAX Now allows to collect refund for running the mosque operations. The EmaraTax digital tax services platform of the Federal Tax Authority (FTA) is now accepting requests for refunds of Value Added Tax (VAT) paid on the operation of mosques, as per the Cabinet and Ministerial Decisions that apply to...

The Ministry has made a decision regarding the requirement for companies earning more than Dh50 million to pay corporate tax in the UAE. UAE Corporate Tax: MoF Clarifies Rules for Audited Financial Statements and Permanent Establishments The UAE’s Ministry of Finance (MoF) has recently issued two decisions that will bring...

Small Business Relief Scheme to support Start-ups under the UAE Corporate Tax Law In a bid to support the growth and development of small businesses and start-ups, the UAE Ministry of Finance has issued the Ministerial Decision No. 73 of 2023 on Small Business Relief for the purposes of the...

The United Arab Emirates has declared that public and community welfare organizations will be exempt from paying corporate taxes. Corporate tax is a matter of great concern for businesses in the UAE, especially for entities that seek to contribute to the welfare of society. However, it is reassuring that the...

UAE Corporate Tax 2023: Understanding the new Tax Law The UAE has officially introduced a federal decree-law on UAE corporate tax 2023, which sets the tax rate at 9% on taxable business profits that exceed AED 375,000. This new law was announced in December 2022 and is set to come...

UAE Corporate Tax: Understanding New Exemptions for Businesses The United Arab Emirates (UAE) Ministry of Finance recently issued a new directive on the determination of conditions under which a person may continue to be deemed an exempt person, thereby clarifying the application of the Corporate Tax Law. The directive, referred...