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UAE Corporate Tax: Taxation of Partnership What is a Partnership? A Partnership is an arrangement between 2 or more individuals to conduct business together and share profits and losses. There are two types: incorporated partnerships, which have a separate legal personality from their partners and are treated as juridical persons under the Corporate Tax Law, and unincorporated partnerships, which do not have a distinct legal status. Incorporated Partnerships: Which have a Separate Legal Personality from their Partners and are treated as Juridical Persons under the Corporate Tax Law. What is a Partnership? A Partnership is an arrangement between 2 or more individuals to conduct business together and share profits and losses. There are two types: incorporated partnerships, which have a separate legal personality from their partners and are treated as juridical persons under the Corporate Tax Law, and unincorporated partnerships, which do not have a distinct legal status. #UAECorporateTax #PartnershipTax #UAEBusinessTax #CorporateTaxRegulations #TaxComplianceUAE #PartnershipTaxation #TaxLawUAE #UAEPartnerships #CorporateTax2024 #TaxPlanningUAE

Real Estate Investment for Natural Persons If you want to know about Amendments to Real Estate Investment for Natural Persons📚 check out our latest insights! Your feedback and thoughts are invaluable. 💬 We'd love to hear your opinions, questions, or any experiences you'd like to share related to this topic. Drop a comment below ⬇️ or feel free to message us directly! 📩 #RealEstateInvestment #PropertyOwnership #WealthBuilding #RealEstateWealth #ResidentialInvestment #BuyToLet #PropertyInvestor #RealEstateGrowth #RealEstateReturns #InvestInProperty

UAE VAT: Tourists Refund Scheme What is the VAT Refund Scheme for Tourists in the UAE? ▪ The VAT Refund Scheme for Tourists (“Tourists Refund Scheme”), available since November 18, 2018, allows Overseas Tourists to Claim Refunds on VAT paid on eligible goods purchased in the UAE. ▪ VAT Refund Scheme allows Overseas Tourists to purchase certain taxable goods in the UAE and obtain a VAT Refund provided the goods are exported and the purchases are validated at the point of exit. ▪ Refunds for export-validated tags can be claimed within 1 year from the date of validation. Who is eligible to participate in the Tourists Refund Scheme? ▪ Only Overseas Tourists are eligible to participate in the Tourists Refund Scheme. ▪ Overseas tourists must be 18 years old or older. ▪ Overseas Tourists must not be a Crew Member on a Flight or Cruise Ship Leaving the UAE. Read more at: https://rb.gy/2k55wa Your feedback and thoughts are invaluable. 💬 We'd love to hear your opinions, questions, or any experiences you'd like to share related to this topic. Drop a comment below ⬇️ or feel free to message us directly! 📩

Taxation of Non-Resident Persons in the UAE Who is considered a Non-Resident Person for UAE Corporate Tax purposes? A Non-Resident Person for UAE Corporate Tax Purposes is any Individual or Juridical Person that does not meet the criteria of a Resident Person but: ▪ Have a Permanent Establishment (“PE”) in the UAE. ▪ Derive State Sourced Income. ▪ Have a Nexus in the UAE. What Income of a Non-Resident Person is subject to UAE Corporate Tax? The following types of Income are Taxable for Non-Resident Persons: ▪ Income attributable to a PE or Nexus in the UAE. ▪ State Sourced Income. Read more at: https://shorturl.at/3A8IL Your feedback and thoughts are invaluable. 💬 We'd love to hear your opinions, questions, or any experiences you'd like to share related to this topic. Drop a comment below ⬇️ or feel free to message us directly! 📩 #UAETaxation #NRITax #NonResidentTax #UAECorporateTax #InternationalTaxation #TaxCompliance #DoubleTaxatio #TaxPlanning #UAEExpatTax #CrossBorderTax

UAE Tax Residence Certificate (“TRC”) What is a UAE Tax Residence Certificate? ▪ A UAE Tax Residence Certificate (“TRC”) is an Official document issued by the Federal Tax Authority (“FTA”) certifying that an Individual or Legal Person is a Tax Resident in the UAE. ▪ TRC is often used to benefit from reduced Withholding Tax Rates under Double Taxation Agreements. Read more at: https://shorturl.at/pTyek Your feedback and thoughts are invaluable. 💬 We'd love to hear your opinions, questions, or any experiences you'd like to share related to this topic. Drop a comment below ⬇️ or feel free to message us directly! 📩 #UAEResidenceCertificate #TaxResidencyUAE #UAETRC #UAEBusinessTax #TaxPlanningUAE #UAECompliance #TRCApplicationUAE #TaxResidencyCertificate #UAECorporateTax #UAETaxBenefits

Amendments to UAE Economic Substance Regulations ("ESR") If you want to know about Amendments to UAE Economic Substance Regulations ("ESR")📚 check out our latest insights! Your feedback and thoughts are invaluable. 💬 We'd love to hear your opinions, questions, or any experiences you'd like to share related to this topic. Drop a comment below ⬇️ or feel free to message us directly! 📩 #UAEESR #EconomicSubstance #UAERegulations #TaxCompliance #BusinessLaw #UAEBusiness #TaxTransparency #CorporateGovernance #LegalUpdates #SubstanceRequirements

UAE AML Compliance: Register on goAML If you want to know about UAE AML Compliance: Register on goAML📚 check out our latest insights! Your feedback and thoughts are invaluable. 💬 We'd love to hear your opinions, questions, or any experiences you'd like to share related to this topic. Drop a comment below ⬇️ or feel free to message us directly! 📩 #UAECompliance #AMLRegulations #goAMLRegistration #AntiMoneyLaundering #UAEFinancialSector #AMLReporting #RegulatoryCompliance #UAEAuthorities #FinancialTransparency #AMLCompliance

UAE Pass mandatory to access Mohre services from October 18 Starting October 18, those accessing the platforms of the Ministry of Human Resources and Emiratisation (Mohre) need to log in with UAE Pass, it was announced on Thursday, All other login details, including usernames and passwords, will be scrapped and replaced, Mohre said in an advisory. The UAE Pass is the country's official digital identity for residents and citizens, offering its users access to all government services. Mohre, like other entities across the UAE, has made its services easily accessible via its website, app and other online platforms. Employers often use the ministry's channels to process the issuance and cancellation of work permits and employment contracts, among other documents. Those who employ domestic workers also use its platforms for necessary paperwork. Absconding reports are also filed online. #UAEPass #DigitalTransformation #MOHRE #UAEGovernment #DigitalIdentity #SmartServices #EGovernment #UAEUpdates #WorkInUAE #Emiratisation

Remembering Dr. Kalam on his birthday! 🎂 Your values and vision continue to shape our path forward. 💭📈 #APJAbdulKalam #MissileManOfIndia #PeoplesPresident #Inspiration #VisionaryLeader #DrAPJAbdulKalam #WingsOfFire #IgnitedMinds #EducationForAll #LegacyOfAPJAbdulKalam

Happy Dussehra! 🎇 May all your worries burn with Ravana’s effigy and pave the way for a new beginning. 🔥🌸 #HappyDussehra #Dussehra2024 #VijayaDashami #FestiveVibes #DussehraCelebration #VictoryOfGoodOverEvil #FestiveSeason #DussehraWishes #Navratri #DussehraSpecial