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Understanding the Taxable Person Status Under UAE Corporate Tax Law The UAE introduced Corporate Tax effective from June 1, 2023. While many believe this tax only applies to companies, it also applies to individuals (called “natural persons”) who earn income through Business or Business Activities in the UAE. This includes freelancers, consultants, influencers, small business […]

Raqeeb Programme UAE: Report Tax Violations Confidentially and Earn Rewards In the UAE, the Federal Tax Authority (FTA) is responsible for ensuring businesses and individuals follow tax laws. But with thousands of companies operating across the country, monitoring every activity is no small task. This is where the Raqeeb Programme comes in. Launched by the

UAE Corporate Tax Return (CTGTXR1) Explained: A Complete Filing Guide for Businesses in 2025 Filing your first UAE Corporate Tax Return might feel overwhelming—especially when trying to understand the technical language on the official FTA site. That’s why we’ve broken down each part of the CTGTXR1 Tax Return form in simple terms, so you know

UAE Ends Economic Substance Reporting The UAE Economic Substance Regulations (ESR), once a major compliance requirement for many mainland and free zone businesses, have been significantly amended. As per Cabinet of Ministers Decision No. 98 of 2024, ESR obligations will no longer apply to any financial year starting on or after 1 January 2023. While

RAKEZ Company Setup Guide Ras Al Khaimah Economic Zone (RAKEZ) has become one of the most sought-after destinations for entrepreneurs and investors looking to set up businesses in the UAE. Strategically located in the northern emirate of Ras Al Khaimah, RAKEZ combines cost-effective company formation solutions with top-tier infrastructure and regulatory support. Whether you’re a

UAE Tax Residency Certificate (TRC): Who Is Eligible to Apply? If you’re living or doing business in the UAE whether you’re a company owner, an investor, a freelancer, or a salaried employee you may need a Tax Residency Certificate (TRC) to benefit from international tax treaties, avoid double taxation, or simply prove your tax residency

The Federal Tax Authority (FTA) has launched a landmark penalty waiver initiative in 2025, offering UAE businesses a critical opportunity to avoid or recover administrative fines, including the AED 10,000 penalty for late Corporate Tax registration. To qualify for the FTA penalty waiver and refund in 2025, businesses must submit their first Corporate Tax return

Is It Time to Hire a Bookkeeper? 9 Signs Dubai Businesses Shouldn’t Ignore Running a business in Dubai is a lot like juggling in a sandstorm exciting, fast-paced, but hard to control without the right systems in place. And one of the most overlooked yet critical systems is bookkeeping. Many business owners try to handle

UAE Small Business Relief Explained: Eligibility, Benefits & Tax Filing Guide (2025–2026) With the introduction of Corporate Tax in the United Arab Emirates in June 2023, small businesses have been presented with a new set of financial responsibilities. However, to support the country’s entrepreneurial landscape, the Federal Tax Authority (FTA) introduced a Small Business Relief