A Guide about upcoming Corporate Tax in Dubai
The Ministry of Finance of the UAE announced on January 31, 2022, that they would introduce a corporate tax system in the UAE for the first time as the name suggests that the corporate income tax only applies to the corporate offices but not to residential areas like Six Senses Dubai. A corporate income tax law is expected to be enacted soon and implement regulations (CT Law).
The information contained in this alert is based on the Department’s currently available instructions and will remain subject to the provisions of the CT Act once published.
The corporate income tax will become effective on or after June 1, 2023, and will apply to profits generated in fiscal years beginning or after June 1, 2023. The UAE Federal Tax Agency is responsible for managing, collecting, and imposing corporate tax following the rules and regulations provided by the Ministry. This might look a risky new for businesses but UAE government will have better business and strategic plans for companies based in UAE.
Real Estate Software Your Business Can Benefit!
No matter if you’re an owner of the property or a real estate agent or a real estate business owner…Read More »
Office To Rent In Belfast!
Havelock House, Belfast The previous corporate Office To Rent In Belfast of Wireless Group Ltd (formerly UTV Media), as well…Read More »
Five Useful Ways To Increase Your Home Value!
Your home is one of your most valuable assets, and it’s natural to want to maximize its value. Home construction in…Read More »
Why Do People Opt for Real Estate Investments?
You may have found a lot of investors opting for real estate. Have you ever wondered the reason behind the…Read More »
Common Mistakes to Avoid When Subleasing Your Office Space
Are you searching for an office space to sublease? It is an exciting and stressful time. On the one hand,…Read More »
Investing in Real Estate is one of the biggest investments one can make
Many people decide to first sell their current home. This greatly lessens the financial strain of the situation and enables…Read More »
Important Reasons for Hiring Demolition Service Contractor
The majority of construction projects usually start with demolition. This is because the majority of the old buildings that have…Read More »
How a Need to Build A Vacation Rental App Emerged?
Every app is developed because of a demand or a problem. To give a solution to those problems, such apps…Read More »
Fascinating reasons people like houses for sale 10 acres
Houses for sale by the owner a home sold directly by the seller without a listing agent. The seller benefits…Read More »
Things to do in Lusail City Qatar
Lusail City, Qatar’s hypermodern new development, has a lot of great stuff to offer for Qataris and foreign visitors alike.…Read More »