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The UAE Ministry of Finance has just released a new Ministerial Decision that could significantly impact businesses holding investment properties. Specifically, it addresses how depreciation should be treated for properties held at fair value under the new...
UAE’s New Tax Measures: A Golden Age for Investment Funds and Limited Partnerships? The UAE has once again raised the bar for investor-friendly jurisdictions. With the introduction of targeted corporate tax reforms, the country is making a clear statement: it intends...
UAE Tightens Corporate Tax Framework with Key Updates on Audited Financials and Global Minimum Tax Rules As part of its continued efforts to enhance transparency and align with international tax standards, the UAE Ministry of Finance has announced two significant...
The UAE’s decision to introduce corporate tax marks a pivotal moment in its journey toward economic diversification. This move aligns the nation with global tax standards while maintaining its business-friendly reputation. Here’s what you need to know about corporate...
In a significant development, the UAE has introduced enhanced tax relief measures under Ministerial Decision No. 261 of 2024, offering families with structured holdings (holding companies, trusts, or foundations) a unique opportunity to consolidate and manage...
UAE CORPORATE TAX REGISTRATION: All taxable persons, including Free Zone Persons, must complete the registration process for Corporate Tax and obtain a unique Corporate Tax Registration Number prior to submitting their initial corporate tax returns. In addition, the...
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