Search results
-
H
Economic substance test for UAE company
If I open a UAE FZCO with one director cum shareholder. and the director only visits UAE twice a year, to keep the residence visa active. Will the economic substance test fail? I mean it should, because the core income generating activities (CIGA) are being conducted by the director outside the...- humus
- Thread
- Replies: 9
- Forum: Tax, Accounting, Licensing & Legal
-
H
solved
solved Last edited: Oct 7, 2023- humus
- Thread
- Replies: 1
- Forum: Tax, Accounting, Licensing & Legal
-
H
A few queries over CIT for some e-commerce businesses
Is 9% CIT applicable to UAE freezone companies, engaged in sales of software licenses via foreign e-commerce websites? The websites are available to customers globally. Secondly, if the 9% CIT is not applicable for a FZCO, then is accounting required even for 0% CIT ?- humus
- Thread
- Replies: 0
- Forum: Tax, Accounting, Licensing & Legal