A KGRN Chartered Accountants Advisory Update on UAE Corporate Tax The UAE has extended the availability of Small Business Relief under the Corporate Tax regime to eligible Tax Periods ending on or before 31 December 2029. The AED 3 million…
Corporate Tax has not turned every valuation into a tax exercise. It has, however, created several situations in which businesses must determine value, pricing or tax basis under different regulatory frameworks. A real estate developer calculating the gain attributable to…
FTA Decision No. 6 of 2026, issued 2 June 2026, requires Qualifying Free Zone Persons (QFZPs) that distribute goods or materials in or from a Designated Zone to obtain an Agreed-Upon Procedures (AUP) report under ISRS 4400 from an independent,…
Returns, discounts and billing errors can change the amount a customer owes after an invoice has been issued. Under UAE eInvoicing, these adjustments need the correct electronic document, supporting information and VAT treatment. A reduction is handled through the appropriate…
For five decades, the defining feature of the UAE’s fiscal proposition was the absence of corporate income tax. The introduction of the 9% Corporate Tax regime in 2023 recalibrated that proposition; the arrival of the OECD’s Pillar Two framework has…
Introduction: How to Use This Masterfile Every India–UAE cross-border matter passes through three independent legal gates. The first is Indian income tax law as modified by the India–UAE Double Taxation Avoidance Agreement, which determines how a transaction is taxed. The…
Selecting an Accredited Service Provider (ASP) for UAE eInvoicing has become one of the most important procurement decisions for UAE finance teams preparing for mandatory. While every accredited provider meets the Ministry of Finance’s baseline requirements, the operational differences between…
eInvoicing under the UAE mandate doesn’t get reviewed by a person before it’s accepted or rejected, it gets checked by a validation engine against a fixed data specification, field by field, in seconds. That’s what makes rejections so consistent across…
The UAE Cabinet has approved a substantial revision to the country’s administrative tax penalty regime. Cabinet Decision No. 129 of 2025 amends the penalty framework first introduced under Cabinet Decision No. 40 of 2017 and later updated by Cabinet Decision…
The UAE eInvoicing came from awareness to consideration for businesses with annual revenue exceeding 50 million and above. As an MoF Approved eInvoicing ASP we’ve sat across the table with enough finance teams preparing for Phase 1 to notice a…
