Which accounting standards must a Taxable Person adhere to? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 Taxable Persons are mandated to adhere to the International Financial Reporting Standards (IFRS). However, if their Revenue falls below AED 50,000,000, they have the option to employ the IFRS for Small and … Read more
Whether an income earned from UAE investments through the foreign investor be subject to UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Ordinarily, income derived from dividends, capital gains, interest, and royalties earned by foreign legal entities or natural persons shall not be subject to UAE Corporate … Read more
How can one determine on whether the income is sourced from the UAE or not? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Income shall be considered sourced from the UAE if it originates from a UAE resident, is attributable to a Permanent Establishment in the UAE of a non-UAE … Read more
Whether an investment under UAE’s Real Estate be subject to UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course A foreign company investing in UAE real estate in their personal capacity, without obtaining a License, generally will not be subject to UAE Corporate Tax and the related compliance … Read more
How can someone confirm whether that person is a Permanent Establishment in the UAE? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Generally, a foreign company will have a Permanent Establishment in the UAE if it possesses a fixed or permanent place within the UAE through which the entity’s business … Read more
When will a foreign company be subject to UAE Corporate Tax as a Non-Resident Person? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course A foreign natural person that does not conduct a taxable Business or Business Activity in the UAE would generally not be subject to UAE Corporate Tax. Contact … Read more
Whether a foreign company be considered to being a UAE Resident for Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course A foreign company shall be liable for UAE Corporate Tax as a “Resident Person” to the extent that they engage in a Business or Business Activity within the … Read more
When a foreign company be deemed for being a resident person? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course A foreign company shall be deemed for being a UAE resident for Corporate Tax purposes and thus subject to UAE Corporate Tax on its income derived both within and outside the … Read more
Whether foreign corporations and other legal entities subject to UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course A foreign entity shall become liable for UAE Corporate Tax if it is effectively managed or controlled within the UAE, maintains a Permanent Establishment in the UAE, earns income originating … Read more
What do preparatory or auxiliary activities entail? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Preparatory or auxiliary activities encompass tasks performed in preparation for or in support of more substantial Business Activities conducted by the foreign entity. Examples of preparatory and auxiliary activities encompass the storage, display, or delivery … Read more