Value-added tax (VAT) in the UAE
10 October 2023
Value-added Tax (VAT) is an indirect tax charged by a company on supplies of goods and services at each step where added value appears –
Tag: UAE
Discover the Top 7 Countries with Zero Income Tax: A Comprehensive Guide
6 October 2023
Introduction: The Allure of Zero Income Tax Countries It is no secret that tax burden is one of the key factors when structuring an international
UAE introduced corporate tax: Will the exemption for free zone companies continue?
28 August 2023
From 1 June 2023, the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses has been enacted in the United Arab
UAE to introduce a corporate profit tax
9 February 2022
The Ministry of Finance of the United Arab Emirates has announced the introduction of a new federal tax on corporations’ business profits. Until recently, this
June 2021: International Tax Planning Review
10 July 2021
El Salvador has become the first state that allowed bitcoin as a legal tender El Salvador’s Parliament has passed a law that makes bitcoin a
May 2021: International Tax Planning Review
8 June 2021
UAE allows 100 per cent foreign ownership of local companies The Government of the United Arab Emirates has confirmed that new rules allowing foreign owners
April 2021: International Tax Planning Review
13 May 2021
Cyprus is planning to introduce withholding tax and amend corporate tax residency rules Two bills have been submitted to the Cyprus Parliament to amend the
February 2021: International Tax Planning Review
12 March 2021
Changes to the EU list of non-cooperative tax jurisdictions The list of “non-cooperative” tax jurisdictions maintained by the EU authorities has changed again. Dominica (Commonwealth
The UAE has extended Economic Substance reporting deadlines
15 January 2021
The Ministry of Finance of the United Arab Emirates (UAE) has informed that the filing deadline for 2019 Economic Substance notifications and reports is postponed
November 2020: International Tax Planning Review
3 December 2020
Changes to Russia-Luxembourg double tax treaty On 6 November 2020 Russia and Luxembourg signed a Protocol amending the bilateral Convention for the avoidance of double