UAE Reccent Notifications
During August and September, The United Arab Emirates (“UAE”) Federal Tax Authority has published the below corporate tax guides with an intent to make the corporate tax provisions more understandable to the taxpayers and to also address certain frequently asked questions by the taxpayers:-
- A Comprehensive Corporate Tax Guide on the Small Business Relief (CTGSBR1)
- Corporate Tax Guide on Registration of Juridical Person (CTGRJP1)
- Corporate Tax – General Guide (CTGGCT1)
Further the MoF also released #Cabinet Decision No.75, outlining the administrative #penalties for violations of the #UAE corporate tax law which is likely to serve as a major deterrent for any non compliances, and to ensure that taxpayers meet their corporate tax obligations on time!
In the attached alert we have provided a summary of the above guides/ notifications
#Tax #Transfer Pricing #UAE