Tax Guide

UAE VAT Deregistration Process and Fine

UAE VAT Deregistration Process and Fine for Deregistration

Who The Business and Individuals who are registered Under UAE FTA can Deregister UAE Tax Registration Number (TRN). When VAT Deregistration Business ‘or’ Individuals required to Deregister below circumstances:  Stops making taxable supplies Does not expect any taxable supply over the next 12 months Preceding 12-month taxable supply less than AED. 187,500/- Time of VAT …

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UAE Corporate Tax

UAE Corporate Tax (CT)

The UAE Corporate Tax regime will have transfer pricing rules to ensure that the price of a transaction is not influenced by the relationship between the parties involved. In order to achieve this outcome, the UAE will apply the internationally recognized “arm’s length” principle to transactions and arrangements between related parties and with connected persons. …

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