5 Corporate Tax Filing Mistakes UAE Businesses Are Still Making in 2026
Most UAE businesses filing their second Corporate Tax return assume the hard part is behind them. It isn’t. The mistakes that cause FTA penalties and audit flags in 2026 are rarely new errors – they’re the same assumptions from year one, repeated without a second look. Two things have changed since that first filing, though: […]
UAE Corporate Tax Penalty Waiver Deadline Is Fast Approaching – What Businesses Must Do Before 31 July 2026
With the deadline of 31 July 2026 approaching, UAE businesses that missed their Corporate Tax registration deadline have a limited window to claim a full waiver of the standard AED 10,000 late-registration penalty. However, businesses must complete specific steps before the deadline. The Federal Tax Authority (FTA) confirmed that the penalty waiver initiative, introduced under FTA […]
FTA Answers 15 Key Corporate Tax Questions for Free Zones, Foreign Companies and Family Offices
The Federal Tax Authority (FTA) has published its most detailed round of private clarification guidance since the UAE Corporate Tax regime came into force, consolidating answers to 15 recurring questions from Free Zone businesses, foreign companies, investment funds, family offices, partnerships, and multinational groups. The compilation, which draws on private clarifications issued up to May […]
Understanding UAE Corporate Tax – Article 39: Limitation on Tax Losses Carried Forward
Under the UAE Corporate Tax Law, businesses are generally allowed to carry forward tax losses and use them against future taxable profits. However, Article 39 introduces important anti-abuse rules to ensure that tax losses are used only by the businesses that genuinely incurred them. In simple terms, Article 39 prevents companies from buying loss-making businesses purely […]
Understanding UAE Corporate Tax – Article 38: Transfer of Tax Loss
The UAE Corporate Tax Law not only allows businesses to carry forward their own tax losses under Article 37, but it also permits eligible group companies to transfer losses between each other under Article 38 – Transfer of Tax Loss. This provision is particularly beneficial for corporate groups where one company is making profits while another company within […]
Understanding UAE Corporate Tax Loss Relief – Article 37
The introduction of Corporate Tax in the UAE brought an important relief mechanism for businesses known as Tax Loss Relief under Article 37 of the UAE Corporate Tax Law. This provision helps businesses reduce future tax burdens by allowing losses incurred in one year to be utilized against profits earned in future years. In simple terms, if a business […]
Rising UAE–India Trade Creates New Opportunities for Audit & Advisory Firms
The business relationship between India and the United Arab Emirates is evolving faster than ever before. What was once largely driven by oil trade and traditional commerce has now expanded into technology, infrastructure, logistics, renewable energy, artificial intelligence, finance, and large-scale cross-border investments. Recent economic discussions and agreements between both nations have reinforced a […]