The Ministry of Finance has announced a deadline for #corporate #tax #registration and as per the Cabinet decision, the first deadline is in the month of May 2024. The most important point is that the deadline is based on the company #registration date which is the entity’s formation date that is mentioned on the trade …
Can we #edit or #rectify submitted VAT returns in the FTA portal without any penalty if you find any mistake or error later? Yes we can rectify it within the due date of the same vat period. Example . VAT return submitted on 1st March. Mistake found on 5 the march VAT due date is …
HOW TO RECTIFY VAT ERRORS ALREADY SUBMITTED- WITHIN THE DUE DATE Read More »
IS THERE ANY VAT PROFILE AMENDMENT PENALTY ? THE ANSWER DEPENDS UPON THE NATURE OF #AMENDMENT. Does the VAT profile amendment lead to the penalty? The answer depends upon the nature of the #amendment and the time of updation of the tax records kept by the authority. For easy understanding, we can divide the updating …
The UAE’s Ministry of Finance announced relief for small and micro businesses, startups and freelancers under the corporate tax, which will come into effect from June 1, 2023. and will only continue to apply to subsequent tax periods that end before or on December 31, 2026. Tax relief initiative as it is intended to support start-ups and …
How to DOWN LOAD #TRN certificate from EMARATAX portal. Step.1 Login to EMARATAX Step 2. Click the company profile Step 3. Select “My correspondence tab” from the left side Step 4. Click the certificate tab from the top bar, then you can see a number of certificates. Step.5 Click the three dots from the right side …
HOW TO REGISTER CORPORATE TAX IN THE UAE. SIMPLE STEPS TO REGISTER CORPORATE TAX WITH EXAMPLE Did you get an official invitation from FTA for registration of Corporate Tax. If the answer is yes , then now we can go for registration through EMARA TAX Mainly we have two types of approach 1) Taxpayers having an EMARATAX account …
Official Invitation: Registration for Corporate Tax Read More »
Are the freezone companies are to be registered for Corporate Tax ? Yes , all #freezones companies would be required to register for corporate tax even if the taxable income is below the threshold of AED 375 000 or Exempt. Then what about the individual business holders like social media influencers, freelancers, sole proprietorships or …
Are the freezones companies are to be registered for Corporate Tax ? Read More »
Does the freezone companies are to be registered for Corporate Tax ? Yes , all #freezones companies would be required to register for corporate tax even if the taxable income is below the threshold of AED 375 000 or Exempt. Then what about the individual business holders like social media influencers, freelancers, sole proprietorships …
Does the freezone companies are to be registered for Corporate Tax ? Read More »
#emaratax -Where can enter payment reference number online banking -This will depend on the banking portal you are using. Some of the banks doesn’t have a separate field to enter the payment #reference number, then that case we can enter it in the transaction remarks/comments/description/ Invoice field. Please note that you should only enter the …
What is the procedure to cancel , edit or modify the created payment method ? Or GIBAN allocation? It is very simple. Login FTA portal and click the My PAYMENT button Step two – Select Pay Step three – By default it will go to the next page with NO DATA . It means that …
EMARATAX – CANCEL , EDIT OR MODIFY PAYMENT ALLOCATION OR GIBAN ALLOCATION ALREADY MADE Read More »
