Business News
UAE Federal Tax Authority Clarifies Penalties for Unpaid Corporate Taxes
Failing to pay the due corporate tax for each month or part thereof shall be subject to a monthly penalty of 14% per annum.
Taxes
Business News
The Impact Of VAT On Your UAE Business
While the administrative and financial challenges posed by VAT seem stressful, there are ways for its implementation to help your business become more efficient in the long run.
By John Hanafin
Business News
Three Things UAE SMEs Need To Do To Prepare For VAT In 2018
While the concept of tax is not new globally, for the businesses in the UAE this will have a significant impact on their business model and corporate structure, which may no longer be sustainable as a result of VAT.
By Nayef Shahin