• UAE Announces Corporate Tax Relief for Small Businesses & Startups

    • April 18, 2023
    • Posted by: GITPAC
    • Categories: Startups, TAX, UAE, UAE Corporate Tax, UAE FEDERAL TAX AUTHORITY
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    tax deadline

    The UAE government has announced corporate tax relief for small businesses and startups with an annual turnover of less than AED 3 million. This initiative is expected to benefit over 28,000 companies in the UAE.

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  • UAE Federal Tax Authority Opens Pre-Registration for corporate tax through the EmaraTax platform starting in January 2023

    • February 22, 2023
    • Posted by: GITPAC
    • Categories: Startups, TAX, UAE, UAE Corporate Tax, UAE FEDERAL TAX AUTHORITY
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    tax deadline

    Federal Tax Authority opens pre- registration for corporate tax through the EmaraTax platform starting in January 2023

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  • All you need to know about Corporate Tax in UAE

    • January 22, 2023
    • Posted by: GITPAC
    • Categories: Startups, TAX, UAE, UAE Corporate Tax, UAE FEDERAL TAX AUTHORITY
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    tax deadline

    The UAE Ministry of Finance has introduced Corporate Tax Law and provides the legislative framework for corporate tax on business profits.

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  • Federal Tax Authority sets 31 December 2022 as the deadline to apply for Re-determination of Administrative Penalties on Taxes

    • December 6, 2022
    • Posted by: GITPAC
    • Categories: Startups, TAX, UAE, UAE Corporate Tax, UAE FEDERAL TAX AUTHORITY
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    tax deadline

    Federal Tax Authority sets 31 December 2022 as deadline to apply for Re-determination of Administrative Penalties on Taxes. Eligible taxpayers can apply to have their penalties re-determined to be worth 30% of the total outstanding amount.

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  • Everything you need to know about EMARA TAX

    • December 5, 2022
    • Posted by: GITPAC
    • Categories: Startups, TAX, UAE, UAE FEDERAL TAX AUTHORITY
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    Emara Tax

    UAE Federal Tax Authority to launch new integrated platform ‘EmaraTax’. Emara Tax will enhance the way that taxpayers can access the FTA’s services, pay their taxes and obtain refunds

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  • UAE FEDERAL CORPORATE TAX

    • November 14, 2022
    • Posted by: GITPAC
    • Categories: Startups, TAX, UAE, UAE Corporate Tax
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    On 31 January 2022, the UAE Ministry of Finance (‘MoF’) announced the introduction of a Federal Corporate Tax (‘CT’) in the UAE that will be effective for financial years starting on or after 1 June 2023. Detailed description of taxes on corporate income in United Arab Emirates.

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  • UAE tax authority announces whistleblower program

    • April 23, 2022
    • Posted by: GITPAC
    • Categories: TAX, UAE
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    The UAE Federal Tax Authority (FTA) has announced the launch of a whistle-blower program for tax violations and evasion. With the launch of the program, the FTA has published a User Guide to help informants successfully submit information and leads in a secure and confidential manner to inform the FTA of any natural or legal person evading tax or committing other tax offences.

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  • VAT ZERO-RATING for Export of Services in the UAE

    • March 9, 2022
    • Posted by: GITPAC
    • Categories: TAX, UAE, VAT
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    The public clarification, Zero-rating of export of services provides the views of the Federal Tax Authority (FTA) on the conditions for zero-rating of export of services. The clarification is discussing the zero-rating of Export of services as per the Article 31(1)(a) of the Executive Regulation of Federal Decree-Law No. 8 of 2017 on Value Added Tax.

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  • ADNOC In Country Value (ICV) Program

    • March 7, 2022
    • Posted by: GITPAC
    • Categories: AUDIT, UAE
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    In country value program

    The National In-Country Value Program (ICV) is a program launched by the UAE Government and aims to support the Ministry of Industry and Advanced Technology’s

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  • Tax Procedures Public Clarification – Redetermination of Administrative Penalties

    • February 23, 2022
    • Posted by: GITPAC
    • Categories: TAX, UAE
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    The Federal Tax Authority (FTA) has stated on Monday 24th January 2022, to extend the grace period for the re-determination of administrative penalties on violating tax laws until 31st December 2022.Read more on redetermination of administrative penalties levied prior to the effective date of cabinet decision No. 49 of 2021.

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