For Tax Periods starting on or after 1 January 2025, audited financial statements are required under UAE Corporate Tax rules if a Taxable Person that is not a Tax Group earns Revenue exceeding AED 50 million during the relevant Tax…
Missing a UAE Corporate Tax deadline does not make the filing obligation disappear. It can create two separate exposures: a penalty for submitting the return late and another penalty if the Corporate Tax due remains unpaid. Additional penalties may arise…
UAE Corporate Tax is no longer a registration exercise. For most businesses, it is now an annual cycle connecting accounting, tax analysis, management judgement, return filing and payment. The headline rate may be 9%, but the real exposure often sits…
Do you need audited financial statements for UAE Corporate Tax? For many businesses, the answer depends on one number: AED 50 million. But that threshold is not the whole rule. Qualifying Free Zone Persons and UAE Corporate Tax Groups have…
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…
