Tax Reform in Cyprus
On 22 December 2025, the House of Representatives of the Republic of Cyprus enacted a landmark legislative package for comprehensive tax reform. These amendments encompass corporate and personal income tax, […]
Tag: corporate tax
Qualifying Free Zone Person in the UAE
Qualifying Free Zone Person status in the UAE, including in Dubai free zones, is important in practice from a corporate tax perspective. However, obtaining and maintaining this status is not
Amendments to the UAE Tax Procedures Law
On 25 November 2025, amendments to the Federal Decree-Law No. 28 of 2022 on Tax Procedures were published in the UAE (the “Law”). These amendments set forth in Federal Decree-Law
UAE Free Zone Companies: Zero-Tax Activities Clarified
On 28 August 2025, a new Ministerial Decision was enacted in the UAE, clarifying the list of qualifying activities for corporate tax purposes. Free zone companies that earn income from
Tax Return Filing Deadline Approaching for UAE Companies
The deadline for companies in the United Arab Emirates to file corporate tax returns is 30 September 2025. All UAE companies are required to submit a tax return, regardless of
UAE will not penalise for late corporate tax registration
The UAE Federal Tax Authority (FTA) has announced the decision to exempt certain categories of taxpayers from administrative penalties for late registration for Corporate Tax.
The initiative aims to support the
Hong Kong Company: Features, Taxes, and Audit
Hong Kong (a Special Administrative Region of China) has long established itself as one of the world’s leading business hubs. It offers a strategic location, a transparent legal system, favourable
The UAE Finance Ministry updated the requirements for audited financial statements
On 25 March 2025, the new Ministerial Decision No. 84 of 2025 concerning audited financial statements was published in accordance with Federal Decree-Law No. 47 of 2022 on the Taxation
Corporate Tax in the UAE
Corporate tax in the UAE was introduced relatively recently, in 2022. This innovation was a response to current international trends in corporate taxation. At the same time, there arose a
The UAE Tax Residency Certificate
In October 2024, the Federal Tax Authority of the United Arab Emirates published a Guide on determining tax residency of legal entities and individuals and issuing a tax residency certificate