corporate tax Archives - Maximsauditors

How Corporate Tax is Calculated in UAE

BlogApril 16, 2024720Views 0Likes 0Comments

In the changing business landscape of the UAE, understanding the importance of corporate taxation is essential for both local companies and international companies operating within its borders. With a tax system known for its business-friendly environment, understanding how corporate tax is calculated in the UAE is essential. Unlike many other jurisdictions, the UAE does not…

Penalty for Late Registration and Not Filing Taxes in UAE Corporate Tax

BlogApril 1, 2024704Views 0Likes 0Comments

To streamline the country's taxation structure, the government has set up a new chapter of tax compliance and regulations within the business landscape of the UAE. Whereas, each institution guarantees to contribute collectively to the socio-economic development of the country. Under the existing corporation tax laws, failure to file a Corporate Tax (CT) return is…

A Complete Guide to Corporate Tax Registration

BlogMarch 8, 2024660Views 0Likes 0Comments

Understanding Corporate Tax Registration Corporate tax registration is an important step for any business entity, ensuring compliance with legal requirements and facilitating smooth operations in the tax landscape. Understanding the timeline for this process is essential for businesses to plan effectively and avoid any potential penalties or delays. The timeline for corporate tax registration…

Strategies for Tax Planning for UAE Holding Companies

BlogFebruary 23, 2024125Views 0Likes 0Comments

Strategies for Tax Planning in UAE The UAE is increasing in popularity among holding companies looking to optimise their tax planning methods. One of the UAE's main advantages is that there are no withholding taxes on profits, interest, or royalties. This makes it an attractive choice for holding businesses that may receive revenue from subsidiaries…

Top Corporate Tax Service Providers in UAE for Businesses

BlogFebruary 23, 202491Views 0Likes 0Comments

Tax Service Providers in UAE Are you in search of the finest corporate tax service providers in UAE? Look no further. We have curated a selection of the top five firms from the extensive list of tax service providers in UAE. This will aid you in making an informed decision regarding the ideal company to…

The Impact of VAT in UAE on Corporate Taxation

BlogFebruary 22, 2024111Views 0Likes 0Comments

The UAE, being a prominent business hub and a favoured destination for company establishments, has its unique set of regulations and requirements. It is imperative for entrepreneurs to familiarize themselves with the country's laws, particularly regarding taxes applicable to their operations. There are two key taxes that business owners in the UAE need to understand:…