Any change to a business's status, it must reflect in tax records
Programme is designed for current employees of FTA, university students and graduates
Foreign investor owned firms, startups among those missing UAE corporate tax registration
Failure to register within the specified timeframe will result in a Dh10,000 penalty
Businesses into trading and distribution rush to clear 'grey areas' on compliance
As UAE sees a wave of new businesses, they must go for immediate tax registration
All taxable persons must submit tax registration application by the specified deadlines
FTA highlighted penalties imposed on those who fail to submit registration applications
Free zone based businesses will find separate statements that can help with 0% tax status
UAE tax regulator has made it easier for businesses to register for corporate tax
FTA emphasised the need to comply with the timeframes to avoid penalties
Tax compliance is quite straight-forward even for those in ‘unincorporated partnerships'
Business owners need to check whether no tax on director's fees applies in all matters
Signing up for relief allows exemptions from corporate tax - but check the terms
New penalties to be imposed if tax agents mess up on their work for clients
UAE does not require businesses to maintain separate account books for tax needs
Shifting employees from any of their global operations to UAE can trigger tax rules
