Category: Taxation

Practical Tax-saving Guide for Foreign Exchange Transactions of Dubai Corporations

Since the introduction of the UAE Corporate Tax regime in June 2023, it has become increasingly important for Dubai-based companies to manage foreign currencies from a tax perspective. In particular, foreign exchange gains or losses realized during the conversion of foreign income into local currency may, in some cases, be subject to corporate tax.
This article provides a summary of key tax-saving tips related to foreign currency exchange that are relevant for your day-to-day operations.

Is Income Earned in the United Arab Emirates Subject to Tax?

Numerous global companies and entrepreneurs are earning income in the United Arab Emirates (UAE) in various ways. The UAE, known for its low taxes, often leads to the misconception that income earned there is not subject to taxation. But is income generated in the UAE truly not subject to domestic tax laws? This article explores whether income earned in the UAE is subject to taxation.

Key Considerations for E-Commerce Tax Filing in Dubai

Dubai, UAE, is a significant market for e-commerce businesses worldwide. E-commerce companies are required to file Value Added Tax (VAT) for goods and services sold within the UAE. Recently, changes in corporate tax laws and foreign ownership regulations have made tax compliance even more crucial. Companies operating e-commerce businesses in the UAE must adhere to tax regulations and ensure accurate filing and payment to avoid fines and legal risks. In this article, we will discuss the key points e-commerce businesses in Dubai should be aware of when filing taxes.

Maximize Your Tax Benefits in the UAE: Everything You Need to Know About the “Small Business Relief” Program

Since the introduction of the UAE Corporate Tax system in 2023, many entrepreneurs and foreign investors have been actively restructuring their operations to remain compliant and tax efficient.
To support startups and SMEs, the UAE government has launched a key initiative – the Small Business Relief program. This regime is designed to ease the tax burden for companies with annual revenues below AED 3 million, offering a major advantage during their early growth stage.

Corporate Tax in UAE: Everything Businesses Need to Know in 2025 

The introduction of corporate tax in the UAE has transformed the business landscape, requiring companies to stay compliant with new regulations. With 2025 underway, businesses must understand the latest tax policies, rates, exemptions, and compliance requirements. This guide covers everything you need to know about corporate tax in the UAE and how Premia TNC UAE can help businesses navigate this tax regime seamlessly.

Tax Benefits of Starting a Business in Dubai: What You Need to Know 

In January 2022, the UAE announced a significant overhaul of its corporate tax system, which took effect on June 1, 2023. This change marks a pivotal shift in the UAE’s fiscal landscape, traditionally known for its low-tax environment. The new corporate tax, set at a rate of 9%, applies to corporations with revenues exceeding AED 375,000 (approximately USD 100,000). This initiative aims to diversify tax sources and align with international tax norms to prevent corporate tax avoidance.

Understanding Taxation in the UAE: Essential Insights for Businesses and Expats

The United Arab Emirates (UAE) has long been known for its tax-friendly environment, making it a highly attractive destination for businesses and expatriates. For years, the UAE offered zero income tax and minimal corporate tax obligations, allowing it to become a global hub for business and tourism. However, recent developments, including the introduction of corporate tax, have brought some changes. This guide covers the fundamentals of UAE taxation, highlighting key updates, requirements, and considerations for businesses and individuals.

Understanding the VAT System in Dubai: A Comprehensive Guide for Businesses 

The introduction of Value Added Tax (VAT) in Dubai, as part of the United Arab Emirates (UAE), marked a significant shift in the region’s tax landscape. As of January 1, 2018, VAT was implemented at a standard rate of 5%, affecting both businesses and consumers. This article will provide a detailed overview of Dubai’s VAT system, its impact on businesses, and key compliance requirements.