Eligible Family Foundations must be registered for Corporate Tax and can apply through the taxpayer, their Tax Agent, or legal representative. Once approved, they will no longer be required to file Corporate Tax Returns. However, individual beneficiaries must assess their tax obligations and file Corporate Tax Returns if required. Why Is This Beneficial for Family […]
These amendments build upon previous laws, particularly Federal Law No. 28 of 2005, and reflect the UAE’s commitment to adapting its legal framework in response to changing societal norms and international legal best practices. The most significant changes introduced and their expected impact: 1. Marriage Consent – Women No Longer Require Guardian Approval New Law
UAE Family Law Update: Key Changes in the Federal Personal Status Law No. 41 of 2024 Read More »
Introduction VAT applies to the supply of goods and services, with businesses acting as intermediaries who collect tax on behalf of the government for businesses operating in the UAE, understanding VAT is crucial as it affects pricing, cash flow, and compliance obligations. History and Implementation VAT was implemented in the UAE as part of the
Understanding VAT Regulations in the UAE Read More »
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