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UAE Corporate Tax: What consultants, freelancers and influencer run businesses must prepare for

All resident individuals generating income of Dh1m+ must prepare for corporate tax ....

United Arab Emirates , Atik Munshi , Jitendra Consulting Group , Tax Authority , Image Credit , Federal Tax Authority , Tax Registration Number , Small Business Relief , Small Business Relief , Managing Partner , Jeet Gianchandani , Jitendra Consulting ,

UAE Corporate Tax: Business owners have some thinking to do before signing up for 'tax group' status

Guidelines on 'tax groups' get business owners' interest, but 95% shareholding is a must ....

United Arab Emirates , Kreston Menon , Raju Menon , Al Khouri , Jitendra Consulting Group , Group Managing Partner , Partner At Jitendra Consulting Group , Corporate Tax , Image Credit , Tax Law , Jitendra Consulting , Jeet Gianchandani , Younis Haji Al Khouri ,

Deadline looms for UAE companies to file 'Ultimate Beneficial Owner' details

First came the VAT, then Economic Substance Regulations (ESR), and now UBO (Ultimate Beneficial Owner) rules – the UAE now requires companies to stringently follow well-defined transparency procedures.
Owners of Jebel Ali Free Zone companies must file the UBO information with the authorities by March 31. Mainland companies (those with corporate shareholding) must file with the Department of Economic Development in Arabic, or else the trade license will not be renewed.
The Cabinet Resolution No. (58) 2020 on regulating UBO, which came into effect on August 24, 2020, requires all such information to be maintained in the Real Beneficiary Register (RBR) and Partners or Shareholders Register (PSR), and to be made available to the public. This is as part of provisions included to counter money laundering crimes and combating the financing of terrorism. ....

Jebel Ali , United Arab Emirates , Jitendra Gianchandani , Jitendra Consulting Group , Ministry Of Economy , Department Of Economic Development In Arabic , Image Credit , Economic Substance Regulations , Ultimate Beneficial Owner , Jebel Ali Free Zone , Economic Development , Cabinet Resolution , Real Beneficiary Register , Shareholders Register , Managing Director , Jitendra Consulting , ஜெபெல் அலி , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஜிதேந்திரா கியாங்சந்தணி , ஜிதேந்திரா ஆலோசனை குழு , அமைச்சகம் ஆஃப் பொருளாதாரம் , துறை ஆஃப் பொருளாதார வளர்ச்சி இல் அரபு , படம் கடன் , பொருளாதார பொருள் ஒழுங்குமுறைகள் , இறுதி நன்மை பயக்கும் ஓநர் , ஜெபெல் அலி இலவசம் ஸோந் ,