Contribution by Chirag Gupta

Corporate Tax in UAE: 5 Major Developments
Corporate Tax in UAE: 5 Major Developments
Chirag Gupta on 01 February 2022
As we all know by this time that UAE will introduce a federal corporate tax on business profits effective for financial years starting on or after 01st June 202..
Redetermination of Administrative Penalties Levied Prior to the 28th of June 2021
Redetermination of Administrative Penalties Levied Prior to the 28th of June 2021
Chirag Gupta on 25 October 2021
Just to give a brief background, The UAE Cabinet issued Decision No. 49 of 2021 on Amending some Provisions of Cabinet Decision No. 40 of 2017 on Administrative..
Profit Margin Scheme
Profit Margin Scheme
Chirag Gupta on 16 October 2021
Today we are going to discuss about Profit Margin Scheme. As per UAE VAT Law under normal circumstances, the 5% VAT is calculated on the sales price. However, t..

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