by AJ Diaz | Nov 25, 2023 | Tax & Compliance
Download the Article PDF Version Download The UAE Corporate Tax Law (CTL) introduced in 2023 has established a new framework for taxation of businesses operating within the country, including the taxation of foreign source income (FSI). This article delves into the...
by AJ Diaz | Jul 19, 2023 | Tax & Compliance
Introduction The free zone corporate UAE is a designated geographic area within a country that is set up to attract foreign investment and promote economic growth. Free zones typically offer a range of incentives to businesses, including tax breaks, streamlined...
by Adel Farouk | Nov 10, 2021 | Tax & Compliance
Tourists VAT Refund Eligible tourists in the UAE are able to request refunds on the Value Added Tax (VAT) incurred on their purchases while there are in the UAE. The planet is the exclusive operator of the tax refund system for tourists which the Federal Tax Authority...
by Adel Farouk | Jun 27, 2021 | Tax & Compliance
Cabinet Decision No. 49 of 2021 ( Administrative Penalties for Violation of Tax Laws in the UAE) In accordance with Cabinet Decision No 49 of 2021 on Amending some Provisions of Cabinet Decision No. 40 of 2017 on the Administrative Penalties for Violation of Tax Laws...