All the news on tax in the UAE
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A standard statutory rate of 9 per cent will apply starting from the financial year beginning on or after June 1
Decisions clarify basis of preparing financial statements and exemptions for private regulated pension funds and social security funds
Personal income from employment, investments and real estate will not be taxed
The decree law allows for expenses, including remuneration packages, to be offset against qualifying revenue
Organisations can register through the EmaraTax digital tax services platform
The decision clarifies procedures for companies undergoing liquidation or termination
Ministerial decision aims to prevent tax avoidance and double non-taxation
There is much detail within the decree law to be understood
Scheme not available to qualifying free zone persons or members of multinational enterprises groups, Ministry of Finance says