New Corporate Tax Guidance for UAE Free Zone Distributors
The Federal Tax Authority (FTA) is preparing to release updated guidance to ensure that distribution businesses can confidently benefit from the 0% corporate tax rate available to qualifying income generated in free zones.
Dubai’s New Business Rules: Free Zone Companies Can Now Expand to Mainland
Dubai has introduced a major change that will benefit businesses operating in free zones. The new Dubai Executive Council Resolution No. (11) of 2025 (the "Resolution") allows free zone companies to expand their operations to mainland Dubai without setting up a separate mainland entity.
FTA introduces new VAT refund scheme for online shopping in the UAE
A new VAT refund process has been introduced by the UAE for e-commerce purchases made by tourists while in the country. According to reports, this is a world first.
Zyla Accountants newsletter – Christmas 2024
Download the Zyla December newsletter! This year’s edition features our CEO Suzy Kerton CA, as well as some great news for the firm and a focus on the latest tax and compliance updates as well as the most popular recent material from the Zyla Accountants website!
FTA urges Resident Juridical Persons with Licences issued in October and November to register for Corporate Tax
Resident Juridical Persons with Licences issued in October and November are encouraged to submit their Corporate Tax registration application no later than 30 November 2024, advises the Federal Tax Authority (FTA).
Free zone companies need to comply with an array of UAE corporate tax requirements
By offering a favorable tax environment for entities operating within designated free zones, the UAE's free zone specific corporate tax rules aim to stimulate economic growth. By offering a 0% tax rate on qualifying income, the rules provide a significant advantage.