UAE Corporate Tax Knowledge Capsule 2: **Fines and Penalties**: Any fines or penalties your business incurs due to non-compliance with laws or regulations are not deductible as business expenses. These are considered disallowed expenses. **Compensation**: Compensation paid for damages or losses incurred during the ordinary course of business is generally considered an allowable expense. For instance, payments made for a breach of contract would typically be deductible. #UAE#CT#
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"Attention UAE Businesses! 📢 From January 2024 to March 31, 2025, update your tax records without penalties. Don’t miss this chance to ensure accuracy and compliance. Reach us at info@accountzedge.com for support! #UAE #TaxUpdate #Compliance #AccountzEdge #BusinessOpportunity #TaxRecords"
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Are Individuals in the UAE Facing Corporate Tax Too? 🤔 Shocking news for every resident! 😱 Find out who's really affected and protect your finances. Watch now to uncover the truth! Get in touch with DhanGuard for a proper a guide! 📞 +971 52 288 2376 📩 service@dhanguard.com . . . . . #uaebusiness #businesssetup #uae #businessconsulting #newbusinesses #dubai #corporatetax #corporatetaxuae #taxconsulting #businesssetupindubai
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FTA Start sending notifications to Natural persons about the deadline of CT Registration on 31 March 2025 to avoid administrative penalties . A natural person who is conducting Business or Business Activities within the UAE during the 2024 Gregorian calendar year or subsequent years, is required to register for Corporate Tax purposes by 31 March of the subsequent Gregorian calendar year of the year in which the total Turnover exceeds 1 million Dirham
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#TaxUpdatesTuesday: What if an Individual Has Multiple Business Activities in the Scope of UAE CT? If an individual conducts multiple business activities that fall under the scope of UAE Corporate Tax (CT), they are required to file one CT return that covers all of their taxable business activities. This simplifies compliance by consolidating all relevant income and expenses into a single return. For assistance in managing your CT filing, contact FRFS for expert support. #TaxUpdates #CorporateTax #MultipleBusinessActivities #TaxCompliance #FRFS #BusinessAdvisory #AccountingServices
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Prevent penalties and ensure compliance by registering your business for Corporate Tax in the UAE. Our seasoned experts manage the process seamlessly, leaving you free to focus on your core operation. Get in touch, 📞 +971 58 811 9981 #YourPartnerInSuccess #Dubai #UAE #CorporateTax #BusinessSetup #UAETax Keren Jadhav
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📢 Dear UAE business community, though rain falls outside🌧, let not your attention to register for UAE Corporate Tax be washed away. ⏳ The first set of companies has just 1.5 months left based on the month their trade licence was issued. We're including the deadlines for UAE corporate tax below. Don't miss out ❗ For UAE Cororate Tax support 📧 manu.francis@omegaconsultancy.net 📞+971 502680307 #uae #uaecorporatetax #uaecorporatetaxregistration #deadlines #corporatetax #federaltaxauthority #uaenews #uaelatest #taxupdates #taxtips #taxconsultant #uaetax
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#MustKnowMonday with MB&A UAE individuals are subject to corporate tax only if they conduct business within the UAE and their annual turnover exceeds AED 1 million. Wages, personal investments, and real estate investments are exempt. Source: mof.gov.ae Important Note: It is crucial to consult with a tax professional to ensure full compliance with UAE tax regulations, especially for complex business structures and international transactions. Get to know more about the latest update and the Must Knows in business, follow us for more! www.mbacpaco.com +97126719443 #MBandACPAS #MustKnowMonday #UAETaxTips #UAECorporateTax #Compliance #doingbusinessinUAE #UAEtaxation
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🔔 Attention UAE Business Owners! 🔔 With Corporate Tax Registration deadlines fast approaching, ensure your business is compliant based on your license issuance period. 💼 Avoid penalties by preparing your documentation and staying informed about your registration deadline. Act now to safeguard your business in the UAE! #CorporateTax #UAE #BusinessCompliance #TaxRegistration
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🔔 Attention UAE Business Owners! 🔔 With Corporate Tax Registration deadlines fast approaching, ensure your business is compliant based on your license issuance period. 💼 Avoid penalties by preparing your documentation and staying informed about your registration deadline. Act now to safeguard your business in the UAE! #CorporateTax #UAE #BusinessCompliance #TaxRegistration
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Attention Business Owners in the UAE! The UAE corporate tax registration deadline is fast approaching! Ensure your business is compliant by understanding the key factors that determine your registration requirements: - Legal Type - License Issue Date - Permanent Establishment (PE) - Nexus: - Turnover: - Multiple Licenses: - Expired Licenses: Stay ahead of the curve—ensure your business meets all the necessary criteria before the deadline! Refer the below summary & for any clarifications contact us. #UAE #CorporateTax #BusinessCompliance #TaxRegistration #Dubai
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