Category: Tax

As part of the UAE’s evolving fiscal landscape, the country has rolled out two important taxes: Value Added Tax (VAT) implemented in January 2018 and Corporate Tax (CT) effective from June 2023, each playing a vital role in enhancing economic...

The United Arab Emirates (UAE) has opened a new chapter in its tax strategy with the addition of a corporate tax and VAT. The implementation of corporate tax and VAT in the UAE represents an important change in the financial...

In today’s complex business environment, Corporate tax return filing and VAT filing are not just ticking boxes – they involve one of the legal requirements for the business in the UAE. But staying on top of tax filing requirements can...

The United Arab Emirates is taking a major leap towards a digital transformation journey, with an ambitious plan to implement electronic invoicing (e-invoicing) by July 2026. This initiative by the UAE’s Ministry of Finance (MoF) aligns with the nation’s broader...

The countdown has begun. Let’s act before it is too late. The UAE Federal Tax Authority has announced an urgent reminder for businesses and taxpayers to update their tax records before the March 2025 deadline. This initiative is to streamline...

Amending tax records on time is crucial to avoid penalties in the UAE under the Tax Regulations. The FTA has now provided grace period for companies to complete their EmaraTax portal update process UAE. Jaxa Chartered Accountants can help businesses...

Dubai has been one of the world’s premier business centers for entrepreneurs as well as any business house that wants to be a part of tax-free advantages. However, with increasing global tax policies along with new regulations, you might wonder...

UAE has emerged as one of the top most destinations to support global business. The UAE landscape and the business environment has convinced entrepreneurs from different parts of the world to shift their operations to Dubai or Abu Dhabi during...

The introduction of corporate taxes will result in a significant change in the UAE’s fiscal landscape.  UAE had developed as a business-friendly zone, with businesses not subject to any tax regime. Changed circumstances have resulted in the introduction of corporation...

The strategic location, world-class infrastructure, and tax policy of the UAE make it an attractive area for starting a business. On the other hand, new companies have to understand how the tax system works for them to function. This guide...