finzoryx UAE Corporate Tax Penalties: What Can Trigger Fines Even If You Have No Tax to Pay? Many UAE business owners are breathing easy thinking: “I don’t have profits, so Corporate Tax doesn’t apply to me.” That assumption is dangerous. Under the UAE Corporate Tax regime, penalties are trig... Jan 27, 2026 0 66
finzoryx Why Product Registration Matters for Every UAE Business In the UAE, one of the most overlooked compliance steps among startups and SMEs is product registration — until it becomes urgent. Whether you’re selling cosmetics, food, supplements, cleaning product... Dec 20, 2025 0 84
Ghulam Qasim November 2025: UAE Tax Overhaul Coming January 2026 – What You Need to Know Now On November 25, 2025 , the UAE Ministry of Finance released two landmark legislative updates that will reshape how businesses interact with the Federal Tax Authority starting January 1, 2026. Federal ... Dec 3, 2025 0 857
Ghulam Qasim The Hidden Risks Startups Ignore — Until It’s Too Late Launching a business in the UAE is exciting — the energy, the ambition, the endless possibilities. But somewhere between the passion of building and the pressure of growing, founders unknowingly walk ... Nov 17, 2025 0 93
finzoryx Are UAE Company Profits Taxable in the United States? Understanding the Real Position for U.S. Founders When U.S. citizens or residents set up companies in the UAE, one of the first questions they ask is: “If my company is in Dubai, will I still pay tax in the U.S.?” It’s an important question — and one... Oct 22, 2025 0 105
finzoryx Understanding the Reverse Charge Mechanism (RCM) Under UAE VAT: What Businesses Must Know In the UAE VAT system, the Reverse Charge Mechanism (RCM) plays a critical role in ensuring that VAT is properly accounted for when goods or services are purchased from abroad or from suppliers not re... Oct 6, 2025 0 121
finzoryx Disclose the Right Revenue Under Small Business Relief – Don’t Confuse Profit with Revenue! Many startups and small business owners in the UAE are rushing to file under Small Business Relief (SBR) — after all, it’s a lifesaver if your annual revenue is below AED 3 million. But here’s the cat... Sep 26, 2025 0 105
finzoryx 0% VAT on Export of Services in the UAE – Rules, Conditions, and Examples Under the UAE VAT Law, the general rule is that services supplied in the UAE are subject to 5% VAT . However, certain service supplies can be treated as exports and qualify for the 0% VAT rate . This ... Sep 22, 2025 0 428
finzoryx Understanding Place of Supply for VAT in the UAE Understanding the place of supply is fundamental to ensuring correct VAT treatment in the UAE. It determines whether a transaction is subject to UAE VAT, treated as outside the scope, or considered an... Sep 15, 2025 0 138
finzoryx UAE Free Zone Corporate Tax Rules 2025: Key Updates and Business Impact The UAE’s Ministry of Finance has just announced Ministerial Decision No. 229 of 2025 , replacing the 2023 framework. This update brings greater clarity and flexibility for Free Zone companies, especi... Sep 8, 2025 0 127
finzoryx Entertainment Expenses under UAE Corporate Tax: Employees vs. Clients Entertainment costs — such as business dinners, staff parties, or hospitality — often cause confusion for founders and finance managers. Are they deductible for Corporate Tax purposes? The UAE Corpora... Aug 31, 2025 0 144
finzoryx 0% Corporate Tax in the UAE for Qualifying Free Zone Persons The UAE has introduced Corporate Tax with effect from 1 June 2023 under Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses . While the standard corporate tax rate is 9% ,... Aug 24, 2025 0 140