by legoassociate / on 27 November, 2024
UAE Corporate Tax Timeline: Plan Ahead, Stay Ahead!
📍 Get Registered (Jan 1, 2023 – Feb 28, 2025): A 26-month window to secure your corporate tax registration. Early birds set themselves up for success!🚀 Law in Effect (June 1, 2023): The Corporate Tax Law officially applies, align your finances and systems.📊 First
by legoassociate / on 26 November, 2024
Who’s Exempt from UAE Corporate Tax? Here’s What You Need to Know
Not every business in the UAE is subject to corporate tax, and understanding these exemptions can help you navigate your tax obligations with ease. Here’s a quick rundown of who qualifies as Exempt Persons:✅ Government entities and government-controlled entities✅ Extractive and non-extractive natural resource
by legoassociate / on 20 November, 2024
Frequent Tax Audit Red Flags: Avoid These to Stay Safe
Imagine this: you’re sipping your morning coffee, reviewing business emails, when suddenly, an official notice lands in your inbox—a tax audit is coming your way. Cue the panic. While tax audits are a routine check, they can send even the most seasoned business owners
by legoassociate / on 20 November, 2024
What the New UAE Corporate Tax Means for Foreign Investors
For decades, the UAE has been a beacon for foreign investors—zero corporate tax, a business-friendly environment, and the allure of shiny skyscrapers. But with the introduction of the UAE Corporate Tax (CT) in 2023, the landscape has shifted. Don’t worry, though; the UAE is
by legoassociate / on 20 November, 2024
Navigating UAE Tax Disputes: A Survival Guide for SME Owners
Navigating UAE Tax Disputes: A Survival Guide for SME Owners Running a small or medium-sized business in the UAE is no small feat between scaling operations, managing cash flow, and ensuring customer satisfaction, taxes can often feel like just another item on a never-ending
by legoassociate / on 20 November, 2024
Top Tax Challenges UAE Businesses Face—and How to Overcome Them
Running a business in the UAE feels like you’re cruising through a dynamic and opportunity-rich environment. But even the smoothest roads have speed bumps, and for many businesses, those bumps are tax-related. With the UAE’s tax landscape evolving from a zero-tax haven to one
by legoassociate / on 1 June, 2023
Understanding Corporate Tax in the UAE: What Businesses Need to Know
As the UAE evolves as a global business hub, one of the most significant policy shifts has been the introduction of corporate tax. While historically known as a tax-free economy, the UAE implemented corporate tax to foster economic growth and align with international tax
by legoassociate / on 1 January, 2018
A Comprehensive Guide to VAT in the UAE: What Businesses Need to Know
Since the introduction of VAT in 2018, the UAE has significantly transformed its tax landscape, impacting businesses across various sectors. VAT, or Value Added Tax, is applied to the sale of goods and services, and it has become a crucial compliance component for businesses