A Guide to Understanding Qualifying Income
So, the UAE has finally introduced corporate tax, huh? As of June 1st, companies in the UAE now need to pay 9% tax on their profits. But don’t worry, the tax only applies to what the government calls “qualifying income.” What exactly does that mean? Well, my friend, you’ve come to the right place. This guide […]
Forming a Tax Group for Corporate Tax
Have you been thinking about forming a tax group with your related companies in the UAE to simplify your corporate tax in Dubai compliance obligations? As a business owner, you know how tedious and time-consuming it can be to deal with taxes for multiple entities. The good news is, the UAE tax law allows companies to apply […]
Dubai Corporate Tax Merak Services Alert
DUBAI Corporate Tax Rates Have you been keeping up with the latest on DUBAI Corporate Tax Law? If not, you need to start paying attention now before new rules catch you off guard. Come June 1st, 2023, Dubai corporate tax rates and deadlines are changing, and as a business owner, you’ll want to make sure you understand […]