Everything You Need to Know About UAE Corporate Tax
Welcome to the UAE Corporate Tax Law Masterclass! In this course, you will learn everything you need to know about corporate taxation in the United Arab Emirates. As an expert in the field, I will guide you through the complexities of UAE corporate tax law and provide you with practical tips and strategies for tax planning and compliance.
What you’ll learn
- Understand the key definitions and general provisions of UAE corporate tax laws and regulations..
- Identify the types of entities that are exempt from corporate tax under UAE tax law, such as government entities, extractive businesses and exempt activities..
- Determine the qualifying criteria for free zone persons and understand the election process for being subject to corporate tax in the UAE..
- Calculate taxable income under UAE tax law, including the general rules for determining taxable income and the relief available for small businesses..
- Understand the various types of exempt income under UAE tax law, including participation exemption and foreign permanent establishment exemption..
- Identify the different reliefs available under UAE tax law, such as transfers within a qualifying group and business restructuring relief..
- Understand the types of deductible expenditure under UAE tax law, including interest expenditure and entertainment expenditure..
- Comprehend the arm’s length principle and its application in transactions with related parties and connected persons..
- Understand the concept of tax loss relief, including the transfer of tax losses and the limitations on carrying forward tax losses..
- Understand the tax group provisions under UAE tax law, including the calculation of taxable income for a tax group..
- Calculate corporate tax payable under UAE tax law, including the rules for withholding tax and foreign tax credit..
- Know the procedures for tax registration, deregistration, and filing of tax returns under UAE tax law..
- Understand the penalties for violating UAE tax law, including the assessment of corporate tax and penalties..
- Understand the transitional rules under UAE tax law, including the application of the decree-law to tax periods..
Course Content
- Overview –> 1 lecture • 15min.
- Exempt Persons –> 1 lecture • 13min.
- Taxable Person and Corporate Tax Base –> 4 lectures • 34min.
- Tax Group Provisions –> 1 lecture • 8min.
- Free Zone Persons and Their Taxation –> 1 lecture • 9min.
- Calculation of Corporate Tax Liability –> 6 lectures • 42min.
- Tax Return & Recordkeeping –> 1 lecture • 4min.
Requirements
Welcome to the UAE Corporate Tax Law Masterclass! In this course, you will learn everything you need to know about corporate taxation in the United Arab Emirates. As an expert in the field, I will guide you through the complexities of UAE corporate tax law and provide you with practical tips and strategies for tax planning and compliance.
Course Structure:
The course covers the following key areas of the UAE Corporate Tax Law:
1. Introduction and Overview of UAE Corporate Tax Law
2. Who are exempted from UAE Corporate Tax – An Overview
3. Taxable Person – Resident & Non-Resident
4. Basis of Taxation for Resident and Non-Resident Taxable Persons
5. Permanent Establishment & How it can trigger the CT for Non-residents
6. Taxation of Partnerships & Family Foundations
7. Tax Grouping
8. Qualify Free Zone Person & It’s Taxation
9. Exempt Income and its Impact
10. Tax Relief
11. Deductible Expenses
12. Transactions with Related Parties
13. Tax Loss Provisions
14. Calculation of Tax Payable
15. Tax Return and Record-keeping
Who is this course for?
This course is designed for business owners, entrepreneurs, accountants, tax professionals, and anyone else who wants to gain a comprehensive understanding of corporate tax law in the UAE. No prior knowledge of UAE tax law is required.
Why take this course?
By the end of this course, you will have the knowledge and skills needed to confidently navigate the complex corporate tax landscape