Corporate Tax in UAE
Corporate taxation is a critical aspect that businesses operating in the UAE must be aware of, despite the favorable tax environment in the country. While the UAE does not impose federal corporate tax, there are still important regulations and requirements that businesses need to comply with in order to avoid tax…
Overview of accounting tax regulation in UAE
The UAE has a relatively simple and straightforward taxation system, with no personal income tax and a flat corporate tax rate of 50%. However, there are still a number of taxes that businesses must be aware of, such as Value Added Tax (VAT), excise tax, and custom duties.…