Dubai is one of the world’s most popular travel and shopping destinations. Every year, millions of visitors purchase luxury goods, electronics, fashion items, and souvenirs during their stay. What many tourists do not realize is that they may be eligible for a VAT refund before leaving the UAE. If you are wondering how to claim […]
The introduction of UAE corporate tax has transformed the country’s business landscape, making tax compliance an essential requirement for companies operating in the Emirates. Whether you own a mainland company, free zone business, or a branch of a foreign entity, understanding the process of corporate tax registration in UAE is critical to avoid penalties and […]
Businesses operating in the UAE must comply with various tax regulations, including VAT and corporate tax requirements. However, many business owners are unsure whether they should manage tax filings themselves or seek professional assistance. The simple answer is yes—a professional accounting and tax consultancy company can help file your Dubai tax return accurately, on time, […]
Running a business in Dubai comes with various tax obligations that must be fulfilled accurately and on time. Whether you are dealing with VAT Return Filing UAE requirements or UAE Corporate Tax obligations, understanding the tax return filing process is essential to avoid penalties and maintain compliance with the Federal Tax Authority (FTA). This guide […]
The ESR Compliance Abolished announcement marks one of the most significant regulatory changes for businesses operating in the UAE. Following Cabinet Decision No. 98 of 2024, the UAE government officially limited the application of the Economic Substance Regulations (ESR) to financial years between 1 January 2019 and 31 December 2022. This change simplifies compliance for […]
The ESR Notification UAE was a mandatory compliance requirement introduced under the UAE’s Economic Substance Regulations (ESR). Businesses carrying out specific Relevant Activities were required to assess whether ESR applied to them and submit an ESR Notification within the prescribed deadline. The notification informed the UAE regulatory authority whether the company conducted Relevant Activities during […]
Notification & Reporting Timeline & Guidance In continuation of Economic Substance Reporting in UAE regulatory updates, in this edition, the key highlights are announcements of various regulatory authorities in UAE on Economic Substance notification and filing. BensCA will keep you updated from time to time as and when the updates will be released from relevant authorities. This alert document […]
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