Budget 2023: Govt simplifies tax benefits for MSMEs, cooperatives, start-ups

Feb 01, 2023

While for cooperatives, the government extended 15 per cent corporate tax benefits to new cooperatives which would start manufacturing from March 2024.

Federal Tax Authority launches 'Corporate Tax Registration Virtual Workshops' platform

Jun 05, 2023

The new feature forms part of the steps the FTA has taken to ensure a smooth implementation of Federal Decree-Law No. 47 of 2022...

UAE tax consultants host Corporate Tax awareness seminar to prepare Taxable Persons

Mar 21, 2023

Dubai [United Arab Emirates], March 21 (ANI/BusinessWire India): Dubai Integrated Economic Zone (DIEZ) and Dubai Silicon Oasis (DSO) companies recently congregated at Dubai Silicon...

Ratio of corporate tax collection to GDP exceeds 3% in FY22 after 2 years

Jan 02, 2023

The net corporate tax collection was Rs 7.12 lakh crore in 2021-22 while GDP was at Rs 236.64 lakh crore at current market price....

UAE: MoF announces schedule of administrative penalties for corporate tax violations

Jul 30, 2023

The Corporate Tax Law Penalties have been carefully designed and benchmarked to ensure successful implementation and compliance of the Corporate Tax Law without burdening...

UAE: Federal Tax Authority to allow clarification requests for Corporate Tax registration

Jul 30, 2023

In a press statement issued today, the Authority explained that the service could be accessed by filling and submitting a clarification request through the...