Linda Luu FCCA’s Post

UAE's free zone businesses are grappling with understanding the scope of the preferential tax rate of 0 per cent under the corporate tax framework. One particular qualifying activity - the distribution of goods - is of special interest as it covers many trading companies operating from l within free zones. The ministerial decision 265/2023 specifies the scope of the distribution of goods or materials in or from a designated zone'

Designated Free Zones in the UAE offer businesses unique tax and customs advantages, including VAT exemptions, 100% foreign ownership, and zero corporate tax. With strategic locations and world-class infrastructure, these zones are perfect for companies aiming to reduce costs and streamline operations. #FreeZoneBenefits #UAEBusiness #DesignatedFreeZones #TaxExemptions #BusinessGrowth #CorporateTaxFree #ForeignOwnership #TradeHub #BusinessInUAE #EconomicAdvantages #VATExempt #BusinessOpportunities #MiddleEastBusiness #GlobalTrade #BusinessExpansion #FreeZoneLife #InvestmentOpportunities #UAEFreeZones #BusinessInfrastructure #EfficiencyBoost

VAT Registration Who may voluntary register for VAT? UAE-resident businesses who make taxable supplies in the UAE may voluntarily register for VAT if the value of their taxable supplies and imports, or taxable expenses, incurred in the last 12 months exceeded, or is expected to exceed in the next 30 days, the voluntary registration threshold of AED 187,500 Stay tuned to us to stay updated with all the latest news and changes in UAE tax legislation. #taxsystem #UAE #Dubaitaxes #Dubaiaccounting #taxuae

Ever wondered about the difference between a Designated Zone and a Non-Designated Zone in the UAE? With the recent introduction of corporate tax, it's more important than ever to understand these distinctions: Designated Zone: Think of this as a specially fenced area with its own set of rules, particularly around customs and security. These zones are granted special status by the UAE Cabinet and Federal Tax Authority, which can offer some unique advantages for businesses. Non-Designated Zone: On the other hand, these areas aren’t fenced and follow the standard UAE tax and customs regulations, just like any other business location in the country. Navigating these differences can be a bit tricky, especially with all the changes in the tax landscape. Being informed is key to making the right decisions for your business. #UAE #BusinessSetup #RAKEZ #CorporateTax #BusinessStrategy

The UAE is often regarded as a tax haven. The UAE has 0% income tax, but it's there are various government fees that may resemble taxes. Our latest post explores all types of fees across Dubai and the other emirates, including VAT, corporate tax, tourism, municipality fee, custom tax and others. Read more: https://lnkd.in/d4cazy2Y To know more about taxes in Dubai, talk to our tax consultants at [email protected] or +97142221327. #CorporateTax #TaxConsultant #CorporateServices #TaxinUAE #Taxation #Finance

My article on the FTA's Free Zone Persons Guide on Corporate tax has been published in the Khaleej Times today. Learn more about how this guide can benefit businesses in the UAE. Check out the article https://lnkd.in/djv68_EV For any query, please feel free to contact at [email protected]. #FTA #FreeZone #Corporatetax #KhaleejTimes #UAEbusiness

Curious about the tax implications for businesses in Dubai? 🤔 Understanding the variances between mainland operations and free zones is crucial. In the mainland, businesses encounter a 5% VAT and a 9% Corporate Tax, affecting those with profits surpassing AED 375,000 (USD 100,000). Notably, there is no income tax for mainland businesses. 🏙️💼 Conversely, free zones offer substantial tax benefits 🌟 with perks like 100% exemptions from corporate tax, customs duty, VAT, and income tax. Moreover, they facilitate the repatriation of capital and profits. 🌐💰

Difference in Tax between France and UAE 👇 ➡️ In France you have to pay upto 45% of Income Tax while in UAE no federal income tax. ➡️ The standard corporate tax in France is 25% while in UAE its 0% to 9% ➡️ In France you pay around 20% VAT While in UAE its 5% For more information Contact SA Consultants and get to know everything about Taxes in UAE. .. .. .. #saconsultants #companyformation #saaconsultancylife #companyformationuae #CompanyFormationUAE #emirates #dubai🇦🇪 #UAE #companyformations #corporatetax

Should free zone companies pay taxes in the UAE? . For inquiries and assistance, reach out to Hussain Al Shemsi. Your reliable partner for expert advice and solutions. . Visit us at https://lnkd.in/gMtD9bbr for more info. Contact : +971 50 3636231 Email : [email protected] #HussainAlShemsi #UAE #CorporateTaxUAE #FreeZoneTax #TaxPolicy #TaxationDiscussion #CorporateTaxation #FreeZoneCompanies #TaxLaws #TaxationPolicies #UAEconomy #BusinessRegulations

Curious about the tax implications for businesses in Dubai? 🤔 Understanding the variances between mainland operations and free zones is crucial. In the mainland, businesses encounter a 5% VAT and a 9% Corporate Tax, affecting those with profits surpassing AED 375,000 (USD 100,000). Notably, there is no income tax for mainland businesses. 🏙️💼 Conversely, free zones offer substantial tax benefits 🌟 with perks like 100% exemptions from corporate tax, customs duty, VAT, and income tax. Moreover, they facilitate the repatriation of capital and profits. 🌐💰 #DubaiBusiness #TaxImplications #FreeZoneAdvantages #MainlandVsFreeZone