TAX & COMPLIANCE INSIGHTS
UAE Corporate Tax: Downward Transfer Pricing Adjustments A practical guide to FTA Public Clarification CTP011 on how Taxable Persons should manage downward adjustments made in the Tax Return If your business deals with related parties — parent companies, subsidiaries, or other connected entities — the UAE Federal Tax Authority (FTA) has issued an important clarification […]
New Audit Rules for Free Zone Distributors: What FTA Decision No. 6 of 2026 Means for Your Business
On 2 June 2026, the UAE Federal Tax Authority (FTA) issued Decision No. 6 of 2026, introducing additional compliance procedures for Qualifying Free Zone Persons (QFZPs) engaged in the distribution of goods or materials in or from a Designated Zone. The Decision is effective for Tax Periods starting on or after 1 January 2026, meaning […]
Understanding Family Foundations in the UAE: What Expats and Residents Need to Know June 2026
The UAE has long been a preferred destination for high-net-worth individuals and families seeking to manage and grow their wealth in a stable, business-friendly environment. One of the most powerful yet often misunderstood tools available for wealth management in the UAE is the Family Foundation. With the introduction of Corporate Tax in the UAE […]
UAE Electronic Invoicing Guidelines
As the UAE accelerates its digital transformation, electronic invoicing has become a key requirement for businesses, government entities, and advisors seeking to stay compliant and future‑ready. This guide breaks down the UAE’s e‑invoicing rules and explains how they will reshape existing financial and operational processes. The benefits of the Electronic Invoicing System Business Benefits […]
UAE TAX PENALTY REFORM UPDATE
(EFFECTIVE FROM 14 APRIL 2026) The Administrative Penalties for Violation of Tax Laws inthe UAE VIOLATION OLD PENALITIES (49 & 108 of 2021) NEW PENALITIES (129 of 2025) LATE PAYMENT OF TAX 2% penalty on due date and 4% monthly penalty. 5% to 40% based on the year of error. 5% (within 1 year), […]
CORPORATE TAX DEREGISTRATION
TAXPAYER USER MANUAL Navigating tax compliance can feel overwhelming for many businesses, especially when it comes to understanding when and how to step away from Corporate Tax obligations. To make this process easier, the Federal Tax Authority (FTA) provides a streamlined way for registered taxpayers to apply for Corporate Tax De‑Registration through the Emara Tax […]
VAT Refund for UAE Nationals Building New Residences – Complete Guide 2026
Building your dream home in the UAE? The New Residence VAT Refund Scheme allows UAE Nationals to reclaim VAT paid on eligible construction costs. RMC Tax Consultants LLC provides expert guidance to ensure smooth and compliant refund processing. If you need general VAT support, explore our VAT Consultancy Services page for complete assistance. What is […]
UAE R&D Tax Credit 2026: Complete Guide for Businesses Under Corporate Tax Law
The UAE has officially introduced a Research & Development (R&D) Tax Credit regime through Cabinet Decision No. 215 of 2025, further clarified by Ministerial Decision No. 24 of 2026, under Federal Decree-Law No. 47 of 2022 on Corporate Tax. Effective for tax periods beginning on or after 1 January 2026, this incentive is a major […]
UAE VAT Law and Tax Procedures Law amendments
Effective 1 January 2026 Key Legal References: Under Article 38(2) of the Tax Procedures Law, a taxpayer must apply for a refund within 5 years from the end of the relevant tax period. Under the transitional provision introduced by Federal Decree-Law No.17 of 2025, taxpayers whose claims had already expired may still submit refund applications […]
UAE CORPORATE TAX UPDATE: INTRODUCTION OF ADVANCE TAX PAYMENTS
The Federal Tax Authority (FTA) has introduced a new facility allowing taxpayers to make advance Corporate Tax (CT) payments, applicable from the financial year 2026 onwards. This initiative marks a significant step in enhancing tax compliance flexibility and supporting better cash flow management for businesses operating in the UAE. Advance Corporate Tax payments can be […]