One-man FZCO and salary/remuneration

Status
Not open for further replies.

USDT

🗣️ Loud Newcomer
May 28, 2025
102
0
161
FZCO company with a single owner/employee pays a salary based on a standard employment contract (provided by IFZA) for performing the duties of a general manager. The accounting firm is currently preparing tax reports and claims that since the company has only one person, paying a salary will be classified as disallowed expenses and should instead be reported as remuneration. This claim seems questionable to me. Are they correct?
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu