Tax
Expert insights on navigating UAE’s accounting and tax landscape
- TaxHow to Prepare a VAT Audit Report in UAE?A VAT audit report reviews and certifies the accuracy of a company s VAT compliance, reconciling reported liabilities against accounting records. For the Federal Tax Authority (FTA), it is the primary evidence that your returns match your books. This guide covers what triggers an audit, which businesses are subject to one, the journal entries and reconciliations […]mazeed Tax Team · 22 Jun 2025Read article
- TaxVAT Deregistration in the UAE: Thresholds, Deadline and PenaltyA business must apply for VAT deregistration once it stops making taxable supplies, or once its taxable supplies over the preceding 12 months fall below AED 187,500 — the mandatory threshold. A business may also apply to deregister voluntarily once taxable supplies fall below AED 375,000, provided they remain at or above AED 187,500. This […]mazeed Tax Team · 27 May 2025Read article
- TaxUAE VAT Exemptions & Special CasesIn the ever-evolving realm of finance and taxation, the concept of Value Added Tax (VAT) is as multifaceted as it is indispensable. In the UAE, VAT is not a monolith but a tapestry woven with intricate exceptions and special cases that set the stage for a truly dynamic tax landscape. This article delves into the […]mazeed Tax Team · 25 May 2025Read article
- TaxCorporate Tax Registration in UAE: 2026 GuideCorporate Tax registration in UAE is a legal obligation for every taxable person operating in the country, whether a mainland company, a free zone entity, or a self-employed individual above the income threshold. This guide covers who must register, all deadlines by entity type, required documents, the step-by-step EmaraTax process, and how to handle the […]mazeed Tax Team · 12 May 2025Read article
- TaxGold Tax in UAE: All You Need to KnowThe United Arab Emirates (UAE) is globally recognized as a hub for gold trading, attracting investors and consumers from around the world. With its strategic location, tax-friendly policies, and vibrant gold market, the UAE remains a hotspot for gold buyers. However, understanding the gold tax in UAE is essential for anyone involved in purchasing or […]mazeed Tax Team · 8 May 2025Read article
- TaxPermanent Establishment & Key Tax Liabilities for Non-Residents Under UAE Corporate Tax Law A Permanent Establishment (PE) is a fundamental concept in international taxation that determines when a taxable person has a taxable presence in another country. It ensures that businesses are taxed where they generate income, regardless of their incorporation or tax residency status. This prevents Base Erosion and Profit Shifting (BEPS) and promotes fair tax distribution […]Mohamed Saleh · 7 May 2025Read article
- TaxHow to File VAT Return in UAE Every VAT-registered business in the UAE must file a periodic VAT return with the Federal Tax Authority (FTA) — quarterly for most businesses, monthly for those with turnover above AED 150 million. The return is due 28 days after the end of your tax period, and late submission carries a penalty. This guide covers the […]mazeed Tax Team · 7 May 2025Read article
- TaxUAE Corporate Tax Late Registration Penalty Waiver | Full GuideThe UAE’s corporate tax landscape has undergone significant changes in 2024, with businesses now required to register and comply with new tax obligations. For many companies, adjusting to these rules has been a challenge, especially with the possibility of incurring steep penalties for late registration. However, the UAE government has introduced a Corporate Tax Late […]mazeed Tax Team · 4 May 2025Read article
- TaxVAT Taxable Goods in the UAE | Detailed Guide!Understanding VAT taxable goods is crucial for businesses operating under the UAE VAT regime. This article provides a detailed overview of what constitutes VAT taxable goods, how to determine the VAT percentage in UAE, and the role of zero-rated supplies in UAE. By delving into these topics, companies can ensure they comply with tax regulations, […]mazeed Tax Team · 16 Apr 2025Read article
- TaxConstruction Tax Rate in the UAE The construction tax rate in the UAE significantly impacts businesses operating in the construction industry. Whether a company is engaged in infrastructure development, residential housing, or commercial projects, understanding the VAT on construction services and how it applies to their financial transactions is crucial. Since the introduction of Value Added Tax (VAT) in 2018, businesses […]mazeed Tax Team · 15 Apr 2025Read article
