For multinationals too, new rules on 'economic substance' filing come as a major boost
VAT on foreign digital services is expected to generate $1.4b revenue in the next 4 years
New businesses too must immediately start on getting 'Tax Identification Number'
September 30, 2024 is deadline for companies registered in June of 2023
Newly formed companies must stick to 3-month window to register for corporate tax
Freelancers, influencers generating Dh1m plus need register only by March 31, 2025
Between January and June, FTA conduted 40,580 inspections across the country
Programme is designed for current employees of FTA, university students and graduates
‘Maskan’ offers UAE citizens a faster, seamless procedure to recover VAT
Foreign investor owned firms, startups among those missing UAE corporate tax registration
Majlis Al-Shura approved a draft law and forwarded it to the State Council
Proposal calls for a 2% minimum tax that would hit about 3,000 of the world's richest
Measures include tax cuts for lower income individuals for the first time in seven years
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
Free zone based businesses will find separate statements that can help with 0% tax status
