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UAE Corporate Tax: SMEs, startups need to do this checklist to be eligible for Small Business Relief

Businesses must track all eligibility criteria, and not just the Dh3m revenue cut-off ....

Pankajs Jain , Tax Authority , Multinational Enterprise Group , Small Business Relief , Image Credit , Small Business , Qualifying Free Zone , Corporate Tax , Federal Tax Authority , Managing Director , Askpankaj Tax ,

UAE's VAT rules: How does 1-year cut-off rule apply to multi-year leasing contracts?

With staggered payments on leases, a cut-off period can be triggered for VAT ....

United Kingdom , Pankajs Jain , Image Credit , Managing Director , Askpankaj Tax ,

Employee bonuses, commissions do not come under UAE corporate tax rules

Notion that bonuses and commissions represent 'business income' is not a fact ....

United Kingdom , Nani Palkhivala , Pankajs Jain , Image Credit , Managing Director , Askpankaj Tax ,

UAE Corporate Tax: Are business owners better off drawing a 'salary' from their companies?

While salaries are not taxed, business owners must be careful about such a step ....

Pankajs Jain , Morgan Housel , Image Credit , Golden Visa , Small Business Relief , Managing Director , Askpankaj Tax ,

UAE Corporate Tax: Free zone businesses await final details on 0% for processing, distribution

Even on processing of goods, these businesses will need feedback on 0% corporate tax ....

Pankajs Jain , Image Credit , Economic Substance Regulations , Managing Director , Askpankaj Tax ,