Corporatе Tax

The UAE Corporate Tax (CT) regime mandates a specialized financial reporting framework for Tax Groups: Aggregated Financial Statements (AFS). This post breaks down the critical requirements, principles, and strategic deviations necessitated by the Federal Tax Authority (FTA) Public Clarification CTP007 and Decision No. 7/2025.

AFS are strictly special-purpose financial statements used solely for determining the Group’s Taxable Income, distinguishing them from standard IFRS consolidations. Learn how to navigate the mandatory elimination of intra-group transactions and the exclusion of IFRS-specific adjustments (like Goodwill) from the aggregation process.

Crucially, all Tax Groups must prepare and maintain audited AFS for tax periods starting on or after January 1, 2025, regardless of revenue. Ensure your accounting systems are compliant and understand the key components mandated in the full set of AFS to avoid administrative penalties. Proactive planning is paramount for CT compliance.

The introduction of the UAE Corporate Tax (CT) necessitates a strategic review of Family Wealth Management structures, including Foundations, Trusts, and Family Offices. This post breaks down the implications for HNWIs and explains how to achieve fiscal transparency for qualifying wealth-holding entities.

It details the stringent conditions set by the FTA—focusing on the No Business Activity rule—that must be met to avoid the 9% corporate tax. Learn about the treatment of multi-tier structures, the tax status of SFOs/MFOs, and how to maintain tax efficiency for family members’ Personal Investment Income. Proactive compliance and expert guidance are now essential to preserve wealth in the new fiscal landscape.

Navigating UAE tax? Discover the critical role of the Voluntary Disclosure mechanism for businesses. Learn when and how to use this essential tool to correct tax errors, mitigate financial risks, and avoid significant penalties. Protect your business and ensure proactive compliance with this strategic guide.

The new UAE Corporate Tax Guide provides a clear framework for the taxation of family foundations. Learn about the conditions for fiscally transparent status, who can be a beneficiary, rules for multi-tier structures, and the necessary registration and compliance obligations. This guide helps founders and advisors ensure tax-efficient wealth management while meeting all requirements.

Understand UAE Corporate Tax exemptions for 2025.  This guide covers exemptions for government entities, non-profits, investment funds, and the Small Business Relief for SMEs.  Learn eligibility criteria, the application process, and how to ensure compliance to optimize your tax position.  Get expert insights from Beyond Numbers.

Discover how Small Business Relief under UAE Corporate Tax can benefit your SME or startup. Learn about tax exemptions, simplified compliance, and cash flow management. Understand eligibility criteria and potential drawbacks. Get expert advice from Beyond Numbers to optimize your tax strategy and ensure compliance.