Finance and Taxes

A Comprehensive Step-by-Step Guide to Filing and Reporting Obligations Under UAE Federal Decree-Law No. 8 of 2017 (Value Added Tax Law)

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Introduction to VAT in the UAE Value Added Tax (VAT) is an indirect tax that has become a significant component of the United Arab Emirates’ (UAE) economic landscape since its introduction on January 1, 2018. The implementation of VAT is part of the UAE’s broader strategy to diversify its economy and reduce dependence on oil … Read more

Navigating Corporate Tax and VAT Compliance in Abu Dhabi: A Comprehensive Guide

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Navigating Corporate Tax and VAT Compliance in Abu Dhabi: A Comprehensive Guide

Understanding Corporate Tax in Abu Dhabi Corporate tax in Abu Dhabi, a crucial aspect of the emirate’s fiscal framework, governs the taxation of businesses operating within its jurisdiction. As of June 2023, Abu Dhabi, following the UAE’s broader tax reforms, enacted a federal corporate tax regime that applies to all businesses with net profits exceeding … Read more