The UAE has long been a global financial center and a prominent business hub in the Middle East, offering multiple benefits to businesses and foreign investors. One of the biggest incentives included the ‘nil’ tax on profits earned in the country, with only a few exceptions. However, the introduction of a Federal Corporate Tax (CT…
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Transfer pricing is one of the areas to consider for a company’s compliance strategies from a taxation perspective. However, this should be done ethically to avoid manipulating transfer pricing to save taxes. The transfer pricing for businesses in the UAE is critical and should be in compliance with requirements as per UAE Corporate Taxation regulations.…
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The process of registering for corporate tax in the UAE includes significant steps. Initially, businesses need to collect all pertinent financial documents, ensuring their accuracy and completeness. Following this, they can commence the registration procedure through the official channels offered by the Federal Tax Authority (FTA). The FTA provides a user-friendly online portal, enabling companies…
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Running a business in the UAE means you should be geared up with the proper tax planning. The right tax consultant is crucial to ensure compliance and optimizing your tax strategies. Choosing the right tax agent in UAE can be daunting, but with Auditac, you will find all your required services in one place.…
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