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Dubai is known for its bustling economy, with businesses of all sizes and industries thriving in the region. However, with the complexity of business operations comes the need for financial expertise, making accounting firms essential for businesses in Dubai. One such accounting firm that has established itself as the best…

Dubai is a global financial hub that offers a favorable business environment for both local and international companies. With its strategic location, world-class infrastructure, and favorable tax policies, Dubai has become a preferred destination for businesses looking to establish their presence in the Middle East. However, with the increasing complexity…

Dubai, the land of opportunity and the hub of business, is home to many accounting firms that cater to the financial needs of businesses. One such firm that stands out from the rest is Nadeem and Umendra Chartered Accountants. They have been providing their expertise to businesses in Dubai for…

Date of September 2021, there is no federal corporate tax in the UAE, except for companies engaged in oil and gas production and foreign banks. However, some of the emirates within the UAE have introduced their own taxes on certain business activities. It is important to note that tax laws…

Corporate tax is a type of tax imposed on the profits earned by corporations. In the United Arab Emirates (UAE), there is no federal corporate tax on the profits of companies, except for companies engaged in oil and gas production and foreign banks. The government of each emirate in the…

The United Arab Emirates (UAE) does not have a federal corporate tax on the profits of companies, except for companies engaged in oil and gas production and foreign banks. However, some emirates within the UAE have introduced taxes on certain business activities, such as the Dubai Municipality Tax on certain…

Q.1 Is there a corporate tax in the UAE? No, there is no federal corporate tax in the UAE. However, some Emirates may impose local taxes and fees. Q.2 What are the taxes and fees that may be imposed by local Emirates?  The taxes and fees that may be imposed…