The Federal Tax Authority (FTA) continues to implement educational events and programmes, targeting various groups and entities involved in the application of Corporate Tax, as part of the second phase of its comprehensive campaign to promote awareness of Corporate Tax among business sectors.

If you've been venturing into entrepreneurship for some time, your dream business is finally taking shape, and you're ready to enter the corporate world, what next? Are you sure that you have checked all the necessary boxes before registering for corporate tax?

With the EmaraTax app from the Federal Tax Authority, you can access up to 15 corporate tax services, including registering for the tax. In addition to updating registration data, de-registering, managing accounts, and updating banking information, users can also use it to change their registration information.

According to the FTA, the guide explains and provides instructions for natural persons making income in the UAE in a "comprehensive and simplified" manner.

This guide is designed to provide general guidance to taxpayers on the taxation of foreign source income under the Corporate Tax Law.

Those operating in commodities free zones will be very pleased with the latest corporate tax updates.

The taxation aspect of UAE free zones is back in the spotlight. New cabinet and ministerial decisions, repealing earlier decisions, are effective from June 1, 2023. It has introduced new concepts and clarified pertinent points.