corporate tax
- Middle East
UAE clarifies when foreign investors face corporate tax
The United Arab Emirates (UAE) Ministry of Finance has issued a new directive outlining when a foreign (non-resident) individual or entity is considered to have a taxable presence—or ‘nexus’—under the country’s Corporate…
- Middle East
UAE to impose 15 pc corporate tax from January
The United Arab Emirates (UAE) is poised to introduce a minimum top-up tax (DMTT) of 15 percent on large multinational enterprises (MNEs) operating in the country. This will be implemented on or…
- Middle East
UAE to impose Rs 2.25L fine for late corporate tax registration
Abu Dhabi: The United Arab Emirates (UAE) has announced an administrative penalty of Dirham 10,000 (Rs 2,25,735) for late registrations for corporate tax. On Tuesday, February 27, the finance ministry announced cabinet…
- Middle East
Saudi Arabia offers 30-yr tax cuts woo regional HQs to Riyadh
Riyadh: The Kingdom of Saudi Arabia (KSA) has announced a 30-year tax-relief package for foreign companies that establish their regional headquarters in its capital city Riyadh. The decision was taken in coordination…
