Corporate tax

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A must-read for all UAE accountants! An article regarding the UAE Corporate Tax and what companies should start preparing and implementing for the new fiscal year. #uae #tax #accountants #fiscalyear #corporatetax #gulfcareers #companies #businesses #2023tax

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For unlisted equity shares and units of debt-oriented mutual fund, the holding period should be 24 months and 36 months or moreLong-term capital gains (LTCG) in stocks and equity mutual funds are considered free of taxation if the gains are less than ₹1 lakh

Corporate Tax Planning in UAE - Strategies for minimizing your tax liability

Stressed about corporate tax registration? We can help! Get compliant and avoid penalties. Apply by May 31st, 2024. . . . Contact for more information 👇 📞+971 545810022 🌐www.icbtax.com . . . #icbtaxconsultancy #corporatetaxuae #taxes #UAE

Corporate tax is a direct tax levied on the profits of business entities.

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Up until now, businesses in the UAE have enjoyed a zero tax on their profits. However, with the Ministry of Finance introducing Corporate Tax there is bound to be a change! But with one of the lowest corporate tax rates across the globe, it will minimize the compliance burden for UAE while also shielding small businesses & start-ups in the country. As one of the global investment hubs – the implications will have to be carefully evaluated by all stakeholders, & that is where we can help you.

The date of the fourth to-be-paid instalment for Advance Tax collection has ended on March 15. And, the collection for Corporate Tax and Income Tax has turned positive. Besides, a shortfall of 4% has been observed in the net direct collection against 9% as in January to 13% in the 3rd instalment to be paid … Read more (Feed generated with FetchRSS)