The issue of corporate tax exemption is a great relief to the legitimate non-profit sports organizations in UAE where Cabinet Decision No. (1) of 2026 formally exempts international and regional sports organizations from the normal 9% corporate tax rate. Proclaimed by the Ministry of Finance on February 8, the historic step is aimed at organizations …
Author: Omar Haddad
Omar Haddad
Omar Haddad is a tax audit advisor who assists businesses during FTA tax and VAT audits, from document preparation to responding to information requests.
Emergency Cash Reserves for UAE SMEsEmergency cash reserves for UAE SMEs have become the need of the day in the current uncertain business environment. Increased operational expenses, changing tax laws, slow customer payments, and an uncertain global economy make it imperative for UAE SMEs to plan for liquidity to survive. UAE SMEs need adequate financial …
VAT for e-commerce and digital services Operating an online enterprise in the UAE? VAT for e-commerce and digital services is imposed on the first day on the sales of non-residents to consumers, and e-commerce platforms such as Noon and Amazon turn over billions of euros, and platforms divide the VAT liabilities. Everything, including sneakers, SaaS …
FTA Penalty Mitigation: Understanding the Real Opportunity During AuditsFTA Penalty Mitigation is not concerning avoidance of tax liability; it is concerning the legitimate reduction or waiver of administrative penalties that are provided by the Federal Tax Authority in case of real errors, misconceptions or any extraordinary circumstances. The common belief among many businesses is that …
Multi-Emirate VAT Registration has become a critical consideration for businesses expanding across the United Arab Emirates. As companies move beyond a single emirate and establish branches, warehouses, or offices in multiple locations, VAT obligations often become more complex than expected. What works for a single-emirate operation may no longer be compliant once activities spread across …
Corporate tax changes SME valuation in ways that are becoming increasingly central to investor discussions as we move into 2026. For small and medium-sized enterprises, taxation is no longer just a compliance issue; it is a strategic factor that directly shapes profitability forecasts, risk profiles, and ultimately business valuation. Investors today look far beyond headline …
Corporate Tax vs VAT Audit Differences are becoming increasingly important for businesses as tax authorities tighten compliance checks and expand audit coverage. Companies that operate in VAT-registered environments often face the challenge of dealing with two distinct but interconnected audits: corporate tax audits and VAT audits. While both aim to ensure accurate tax reporting, they …
Pillar Two DMTT Thresholds Pillar Two DMTT Thresholds the phrase you need at the top of every tax-team to-do list if your group has cross-border activity connected to the Gulf. The global minimum tax (Pillar Two) has come to the United Arab Emirates to ensure large multinational enterprises meet a 15% effective tax rate where …
Understanding a Tax Audit FTA Information Requests are often the first formal sign that your business or personal tax records are under review. While receiving an audit notice can feel intimidating, it does not automatically mean wrongdoing. In many cases, the Federal Tax Authority (FTA) simply needs clarification, supporting documents, or additional context to validate …
UAE Corporate Tax E-Invoicing Integration UAE corporate tax e-invoicing integration is no longer a future concept; it is rapidly becoming a core compliance requirement that will redefine how businesses prepare for 2026 corporate tax filings. As the UAE continues its shift toward a fully digital tax ecosystem, e-invoicing is expected to play a decisive role …
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