The Ministry of Finance has issued Ministerial Decision (‘MD’) No. 229 of 2025 regarding Qualifying Activities and Excluded Activities for determining qualifying income of a Qualifying Free Zone Person under UAE Corporate Tax (‘CT’) Law. This new decision repeals and... Read More
Attention taxpayers!!! Businesses with the financial year or tax period ending 31 December 2024 must file their Corporate Tax (‘CT’) return and settle any tax liability no later than 30 September 2025 to avoid penalties. Key aspects to consider for CT return:... Read More
The Federal Tax Authority (FTA) has implemented a new mandatory verification step for all businesses registered on the Emara Tax Portal. In your next log in, you may be prompted with a “Confirmation of Contact Details” pop-up, as shown in the image (Click to download... Read More
The Federal Tax Authority (‘FTA’) has recently issued FTA Decision No. 7 of 2025 titled Determination of the Requirements for Preparing and Maintaining Audited Special Purpose Financial Statements for a Tax Group. Effective for Tax Periods commencing on or after 1... Read More
Effective 1 January 2025, the Gulf Cooperation Council (GCC) countries adopted a 12-digit Harmonized System (HS) code for customs purposes, replacing the previous 8-digit system used by most GCC countries. The Dubai Customs has issued Customs Notice 10/2025 regarding... Read More
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