Mastering Accounting & Finance

Understanding the De Minimis Rule: Key to 0% Corporate Tax in UAE Free Zones If you’re a business registered in a UAE Free Zone, understanding the de minimis requirements is essential to maintain your Qualifying Free Zone Person (QFZP) status and enjoy the 0% corporate tax rate on eligible income. This blog serves as your […]

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