UAE entertainment expenses are only 50% deductible for corporate tax — and the VAT is blocked too. Most UAE businesses are claiming the full amount and filing incorrectly. Here is the fix.
UAE gratuity provision is a growing liability sitting invisibly on your books. Not accruing it monthly costs you corporate tax deductions and creates a cash crisis when staff leave.
UAE intercompany zero-interest loans between related companies can create phantom taxable income the FTA adds to your return. Here is what it means and how to protect your business.
UAE freelancer bookkeeping mistakes are quietly wiping out legitimate tax deductions. Discover the 6 record-keeping errors that cost freelancers the most at filing time.
UAE free zone 0% tax rate is not guaranteed. One wrong deal can trigger a de minimis breach and cost you 9% corporate tax for five straight years. Here is what to watch.
UAE VAT and corporate tax revenue mismatch can silently trigger an FTA audit. Learn why your two filings must match, the most common gaps, and how to fix them fast.
UAE corporate tax owner salary rules explained: why the FTA can reject part of your pay as a deduction, and how to benchmark it correctly.
Maximize your profit under UAE Corporate Tax (CT) by mastering deductible expenses. As a freelancer or sole proprietor, accurately subtract allowable business costs—from office rent and software subscriptions to marketing and professional fees—to calculate your taxable income. Remember, an expense must be wholly and exclusively for business use. Learn the crucial rules on apportionment, documentation, depreciation, and the 50% limit on client entertainment to ensure compliance and legitimately reduce your CT liability.
The introduction of the UAE Corporate Tax (CT) regime demands an immediate accounting transformation. Discover the definitive accounting mandate for successful Corporate Tax Compliance, anchored in meticulous record-keeping, IFRS alignment, and specialized documentation for areas like Transfer Pricing and Free Zone entities. Learn the core foundation requirements, mandatory 7-year retention period, and actionable steps to strengthen internal controls. Proactive planning is essential to mitigate regulatory risks and ensure operational resilience under the new UAE fiscal chapter.
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.
