In a Cabinet Decision, the UAE Ministry of Finance has addressed non-residents' nexus in the UAE.
As a result of the decision, foreign companies and other overseas legal entities (non-resident juridical persons) will be subject to UAE Corporate Tax on income earned from immovable property located in the UAE. In the UAE, this applies to both immovable property held or used in a business and to immovable property held for investment purposes.
Does UAE Corporate Tax apply to Freelancers?
In this article, Zyla Accountants take a look at how UAE corporate tax impacts freelancers and will give you a better understanding of how the tax works.
which UAE banks have live bank feeds with Xero?
Get the full list of the live bank feeds in the UAE which are compatible with Xero. . Once you’ve connected a bank feed, statement lines appear in your bank account in Xero ready for you to reconcile each day.
Zyla joins BBG Members FOR PADEL Tournament
British Business Group Dubai and Northern Emirates (BBG) held its first (and definitely not last!) padel tournament with the support of BBG Members Conor McHugh, ACCA and Jeff Landers, ACA of Alchemy Search and the team at Just Padel led by BBG Member Prodanescu Ruxandra!
What is the definition of taxable persons under UAE Corporate Tax law?
Those preparing for UAE corporate tax received more clarity on various tax provisions when the government released the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses on 9th December 2022.
4 May: ICAS Dubai members event
Join Suzy Kerton CA, ICAS Council Member, for an in-person event taking place in the stunning surroundings of the Vault Bar Thursday 4th May 2023.