We invite you to join us for a webinar focused exclusively on Corporate Tax Compliance for Free Zones and Designated Zones in the UAE. We will be covering crucial Corporate Tax aspects tailored for business owners and individuals operating in Free Zones. This Webinar offers straightforward corporate tax implications on the Free Zones, the distinction between various activities, and how companies can achieve a 0% tax rate.
ITC Accounting & Tax Consultancy is delighted to invite you to an insightful webinar event in partnership with the E-Commerce Tax Unit at Egyptian Tax Authority (ETA). This webinar aims to provide an understanding of VAT obligations and compliance for non-resident vendors providing digital or remote services in Egypt. This is in reference to the recent updates from the Egyptian Tax Authority regarding Value-Added Tax (VAT) Law No. 3 for the year 2022 and its Executive Regulation, in accordance with Minister of Finance Decree No. 24 for the year 2023.
The Federal Tax Authority (FTA) has recently started sending audit notifications to businesses in the UAE for the year 2019, beginning on January 31, 2024. It’s essential to understand that going through an FTA audit can be risky for your business. They require a good understanding of UAE tax laws. If your business is not fully following the regulations, you could face fines and penalties, which can be costly and harm your business’s reputation. If you’ve received a notice from the FTA in the UAE, it’s important to take steps to minimize those risks.
We invite you to join us for a webinar focused exclusively on Corporate Tax in the UAE – A Comprehensive Understanding & Comparison with GCC, Middle East & Worldwide Taxes.
We will be covering crucial Corporate Tax aspects such as imposition, tax rates, taxable and exempt entities, and a global comparison with GCC nations, the Middle East, and beyond.
We invite you to join us for an exclusive webinar on the Excise Tax: New Changes & Amendments in Executive Regulation (Updated as of January 2024).
This webinar focuses on the latest updates issued by the Federal Tax Authority earlier this year. It covers important regulatory changes that can impact your business. Understanding these updates is important for staying compliant and avoiding potential penalties.
Transfer Pricing is all about how connected individuals set prices in business transactions. Whether it’s trading services, goods, handling intangibles, or financial transactions, these dealings are influenced by relationships. It’s not just about taxes; it also plays a crucial role in accounting and managing risks.
Our goal is to make this topic accessible and simplify it for you. Join us to gain valuable insights that can streamline your approach on Transfer Pricing.
Participate in this informative webinar and prepare yourself with a comprehensive understanding of navigating the Corporate Tax regime specific to UAE SMEs. Our expert-led session will provide you with everything you need to handle Corporate Tax and ensure your business thrives within the UAE’s business landscape.
The Ministry of Finance in UAE published Cabinet Decision No. (91) of 2023 on the application of a new reverse charge mechanism on the local supplies of electronic devices, for value added tax (VAT) purposes.
The new decision sets the conditions and requirements that should be met for the application of VAT through the reverse charge mechanism. The effective date of the new decision is 60 days from the date of its publication in the official gazette i.e. effective from 29 October 2023.
Gain a clear understanding of the UAE’s Tax Laws for the Automotive Sector with our upcoming webinar. Whether you’re a dealer, auto-mobile enthusiast, or industry professional, this webinar is your stop for navigating the tax landscape. Buckle up and join us for an informative ride!
Are you part of the education community in the UAE? We’ve got something special for you! Our upcoming webinar is designed for simplifying taxation in the Education Sector in the UAE. Navigating the tax landscape and ensuring compliance is important for educational institutions. This session will help you to understand taxation and maintain compliance within the sector.
We invite you to join us for a webinar focused exclusively on small and medium-sized enterprises (SMEs) in the UAE. Navigating Corporate tax can be a challenging task, but we’re here to make it seamless for you. Our expert-led session will provide you with everything you need to handle Corporate Tax and ensure your business thrives within the UAE’s business landscape.
Join us on the 29th of August 2023, from 10:00 AM to 11:00 AM for an insightful and informative webinar that delves into the intricate world of Value Added Tax (VAT) within the healthcare industry. The healthcare sector in the UAE holds a vital role in promoting well-being through top-notch medical services. As this sector continues to evolve, staying up-to-date with the latest VAT updates and regulations is imperative to ensure transparency, compliance, and efficient financial management.
The implications of VAT, Corporate Tax, and Excise Tax on businesses operating in UAE’s free zones and designated zones are significant. Businesses need to understand the specific tax regulations, comply with the requirements, and consider the broader implications of their business strategy. Furthermore, businesses should embrace the benefits and incentives available in these zones to maximize their success. In this Webinar, ITC’s Team will elaborate more on the taxation…
Understanding the VAT impact on the Shipping and logistics industry is crucial as the UAE holds the reputation of being a leading multi-modal transit and re-export hub. The UAE caters to the logistics demand from major markets including Europe, Asia, Africa, the US, and other countries in the Middle East. The UAE has beaten stiff competition from other GCC countries due to the development of stronger infrastructure in the form of the Dubai logistics Corridor, modernization of seaports and airports, development of JAFZA, and the expansion of airports.
With the Corporate Tax Law around the corner in the UAE, ITC Accounting & Tax consultancy conducted a webinar to understand the law and how businesses should prepare. Additionally, the team discussed the new amendments that are now in action since the June 2023
ITC Accounting & Tax Consultancy organized a private session in Abu Dhabi for one of the leading companies in the UAE. The two days Event commenced with information on The Current Amendments of UAE Corporate Tax Law and its formal practices to follow. Additionally, The New Corporate Tax regime and its importance in UAE was one of the important topics covered in the event.
Our Tax Partner Mr. Ahmed Sharafeldin and our Tax Manager Ms. Nikita Bhandary join forces and delivered an informative webinar on FTA Audit Notifications, how to prepare and stay compliant. Check out the entire webinar below.
The UAE has completed 5 years since the introduction of VAT (Value Added Tax), which brings mandatory record-keeping and FTA audits into the spotlight. As a result, many companies have already received a notice of the start of the audit process for VAT, which obliges them to maintain the records for an extended period of additional years (As per FTA requirement) from the date of receiving the notification.
ITC hosted an insightful webinar on the latest Excise Tax Update 2023 – Designated Zones. Their expert analysis delved into the intricacies of this update, covering a range of topics such as the Key Amendments, Impact on Businesses and Potential Strategies to navigate the changes, among other key takeaways.
With the completion of 5 years of a tax regime in the UAE, ITC Accounting & Tax consultancy unveiled the first set of major amendments in the VAT Law. Additionally, discussed the upcoming changes that foreseen to come into action in near future.
ITC Accounting & Tax Consultancy hosted a Business Breakfast event in collaboration with Russian Business Council. This event covered the topics like Impact of the New Corporate Tax Law, Completion of five years of UAE VAT Law and lastly what is foreseen in upcoming months in Taxation in UAE.
ITC Accounting & Tax Consultancy hosted a Business Breakfast Event in Abu Dhabi. The session highlighted the Dynamics & Updates of UAE VAT Law in the past five years and how the new amendments would affect the businesses.
ITC Accounting & Tax Consultancy organized a private session in Abu Dhabi for one of the leading companies in the UAE. The Event commenced with information on The Current Amendments of UAE VAT Law and its formal practices to follow. Additionally, The New Corporate Tax regime in UAE was one of the important topics covered in the event.
Business Breakfast Event with leading industry experts in collaboration with Finish Business Council and Norwegian Business Council. In this event, ITC Team discussed on the Key Insights of the New Corporate Tax Law and how it is affecting businesses.
On the occasion of Eid, we will be out of the office but just a call away from you. Please find the contact details below to get in touch with us:
For any new enquiries, you can contact our Business Development Manager - Mr Mudasir Sofi (+971 52 320 5619)
If you're an existing client then please contact our Key Account Manager - Mr Mohammed Rooman (+971 52 296 1530)
How can we assist you today?