Seminar on “Doing business in the UAE” | FAME advisory

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Seminar on “Doing business in the UAE” | FAME advisory

Learning from the expert!

In today’s seminar on “Doing business in the UAE”, CA Nirav Shah presented his thoughts on how Corporate Tax would help businesses in the UAE.

In today’s seminar on “Doing business in the UAE”, CA Nirav Shah presented his thoughts on how Corporate Tax would help businesses in the UAE. Further, as one of the panel members, our esteemed Founder and Director of Fame Advisory addressed the participants’ questions about Corporate Tax, including the intricacies of Transfer Pricing.

Exploring UAE Corporate Tax: A Comprehensive Guide by Nirav Shah | FAME advisory

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Exploring UAE Corporate Tax: A Comprehensive Guide by Nirav Shah | FAME advisory

Discover a glimpse into the comprehensive guide, ‘Law and Practice Relating to UAE Corporate Tax’ by CA Nirav Shah, published by Taxmann.

Watch the 🎥 video to explore the extensive coverage of the 📖book – the ultimate resource you’ve been seeking for a deeper understanding of UAE Corporate Tax laws and practices.

Don’t miss out on this essential addition to your 📚library!

Corporate Tax Guide on Registration of Natural Persons

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Ayushi Agrawal

Home Author Archives: Ayushi Agrawal
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On 29 December 2023, FTA issued the Corporate Tax Guide, which provides general guidance on Registration of Natural Persons for Corporate Tax purposes. The key highlights are as follows-

  • Natural person includes sole establishments and individual partners in Unincorporated Partnerships that conduct a Business or Business Activity in the UAE.
  • Natural persons conducting Business or Business Activities in the UAE are Resident Persons for Corporate Tax irrespective of their nationality, whether they hold a residency visa in the UAE, whether their income is sourced in the UAE or from abroad, or how much time they may physically spend in the UAE.
  • State Sourced Income derived by a natural person who is a Non-Resident Person may be subject to Withholding Tax (currently the rate is 0%) and would not require a natural person to register with the FTA.
  • The Tax Period of a natural person who conducts a Business or Business Activity that is subject to Corporate Tax, shall be the Gregorian calendar year i.e. 1 January until 31 December.
  • The first potential Tax Period for a natural person is the 2024 Gregorian calendar.

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