Oman: Tax Authority urges to submit tax returns by end of this month
03 Aug 2023 | BMS Auditing Oman
Oman Tax Authority urges Tax Payers to submit VAT/ Tax returns for the Financial Year 2022 within Two weeks in August 2023 to avoid Tax Fines & Penalties.
Oman Signs Double Tax Treaty with Russia
12 Jun 2023 | BMS Auditing Oman
The Oman-Russia Double Tax Treaty was signed in 2001, and it is expected to be ratified this year and come into force by January 1, 2024.
UAE clarifies corporate tax on Residents undertaking a business or business activity
17 May 2023 | BMS Auditing Dubai
Individuals conducting business activities will be subject to Corporate Tax registration only if their turnover exceeds AED 1 million in a calendar year.
UAE Clarifies Corporate Tax Registration and Application for Exemption
05 May 2023 | BMS Auditing Dubai
UAE issued decision on timeline for Corporate tax exemption application for exempted entities.
UAE Issues Corporate Tax Exemption for Public Benefit Entities
25 Apr 2023 | BMS Auditing Dubai
The CT exemption for Public Benefit Entities would be effective from the beginning of the Tax Period
Oman Lawyers and Law Firms must submit Audit Report, Says MJLA
13 Apr 2023 | BMS Auditing Oman
MJLA requests all civil law offices and companies to provide a financial audit report for the year 2023 within two weeks from the issuance of the circular.
MoF announces Relief for Small Businesses from Corporate Tax UAE
08 Apr 2023 | BMS Auditing Dubai
The Ministry of Finance issued a cabinet decision on Small Business Relief for Corporate Tax and business purposes (“Corporate Tax Law”).
UAE: FTA Opens Pre-Registration for Corporate Tax through EmaraTax Platform
23 Jan 2023 | BMS Auditing Dubai
The FTA opens pre-registration for corporate tax through the EmaraTax platform starting from January 2023.