UAE’s free zone businesses await 0% ‘qualifying income’
Businesses, their owners, and auditors in the UAE are awaiting the next big update on the corporate tax – the one related to ‘qualifying income’ for free zone entities and on which they get the 0 per cent tax benefit. A decision on this is ‘imminent’, according to...
After CEPA, dirham-rupee trade set to be next big thing
UAE AND INDIA MARK THE FIRST YEAR UNDER THE LANDMARK AGREEMENT A year after the UAE-India Cepa deal came into effect, the stage is set for the next big bang in trade and investment flows between the countries – a dirham-rupee payment mechanism. When that happens,...
UAE’s Free Zone Companies Have Lots of Tax Planning to Do
Those with Mainland Operations Await Signal on Extent of their ‘QUALIFYING INCOME’ Businesses operating out of UAE free zones and with a considerable presence on the mainland are thinking of possible restructures to the organization to absorb the upcoming...