Tax Update: Taxable Person Amendments on the Emaratax Portal

Taxpayers are obliged to maintain up-to-date information regarding their business on the EmaraTax portal. The relevant changes where an amendment on the EmaraTax Portal is required include changes in legal entity type, trade license, ownership structure, expiry of passport/Emirates ID, Business Activities, etc. Any change must be reported to the FTA within 20 business days …

Tax Update: Is your UAE Free Zone Business Ready for Corporate Tax?

As the UAE Corporate Tax (CT) law has come into effect for most businesses, we trust that you are diligently evaluating your corporate tax preparedness. If your business is established in a Free Zone, 0% CT relief is not automatically granted; instead, it necessitates adherence to specified conditions. To assist you with this, we offer …