There is no need for a physical office, employees, or expenditures in several business areas like selling software. Google ESR.What does this mean in practice?
OK, this has changed with the 9% corporate tax or how I understand it?Means you prove you pay taxes in your country of residency for the company, as corporate tax. In this case why one should open a company in uae and not in the country he lives? If he anyway have to pay the same tax there? That’s why I say desert soon
What did they say in the groups about the UAE if you don't mind to share?Hello to all,
I am signed up to several whats'app, telegram groups etc, trying to get the info / updates for UAE.
Where is the situation at today?
Does the offshore (RAK, etc) are been finally taxed? My accountant asked me to do tax registration, which I did...
What about SBR (Small Business Relief)? Does it still exist and it's under 3.8M AED? So anyone that has total income less than 3.8M AED is not paying tax? Is it still valid?
I am still asking around but noone can give a clear answer. What is happening.. Shall we close and move out of this habibian nightmare?
Please suggest.
Thanks to everyone!
Where did you go?So that’s why I close everything in uae and move somewhere else
very well apply for all countries where you forget about declaring or paying your taxes, they will quickly come after youBecause I forgot the 1st return and no joking, I received maybe 10-12 emails, 8-10 SMS messages and one phone call in a 48 hour period. What did I learn ............ DO NOT FORGET EVER AGAIN!!!!!