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Taxation Services

What Businesses Need to Know About Withholding Tax in the UAE

The UAE is widely recognised for its tax-friendly business environment, making it an attractive hub for multinational companies and foreign investors. However, […]

gihan zenekOctober 17, 20253 min read
Taxation Services, Uncategorized

UAE Free Zone Corporate Tax – Key Insights on MD-229 & MD-230 (2025)

The UAE has introduced new updates to Free Zone corporate tax rules through Ministerial Decision No. 229 (MD-229) and Ministerial Decision No. […]

gihan zenekOctober 6, 20252 min read
Taxation Services

Understanding the UAE’s Cabinet Decision No. 35 of 2025 –  Non-Resident Nexus Explained

The UAE continues to clarify its corporate tax landscape, and Cabinet Decision No. 35 of 2025 is a key development for foreign investors. […]

gihan zenekSeptember 22, 20252 min read
Taxation Services

New Corporate Tax Compliance Rules for UAE Partnerships and Foundations

The UAE’s Federal Tax Authority (FTA) issued Decision No. 5 of 2025, effective July 1, 2025, bringing tighter corporate tax compliance for […]

gihan zenekSeptember 8, 20251 min read
Taxation Services, Uncategorized

Tax Depreciation for Fair Value Properties in UAE (Ministerial Decision No. 173 of 2025)

Tax depreciation has just been made available for real estate entities using fair value accounting. Under Ministerial Decision No. 173 of 2025, the […]

gihan zenekSeptember 1, 20252 min read
Taxation Services

Simplifying VAT Record Updates & Error Corrections with the FTA

The Federal Tax Authority (FTA) has introduced Decision No. 2 of 2025, effective as of 1 March 2025, clarifying how businesses can request official […]

gihan zenekAugust 21, 20251 min read
Financial Consultancy, Taxation Services

How R&D Tax Credits Can Transform Your UAE Business

The UAE is launching refundable Research and Development (R&D) tax credits starting from the 2026 tax year, and businesses can get back […]

gihan zenekAugust 6, 20252 min read
Taxation Services

Understanding VAT on Barter Transactions: What VATP042 Means for UAE Businesses

In May 2025, the UAE Federal Tax Authority (FTA) released Public Clarification VATP042, offering clear guidance on how to handle barter transactions […]

gihan zenekAugust 6, 20251 min read
Taxation Services

UAE Corporate Tax Reform: Key Changes Every Business Must Know (2025 Mid-year Update)

The UAE has entered a critical phase of its corporate tax journey. While the Federal Decree-Law No. 47 of 2022 laid the […]

gihan zenekJuly 31, 20252 min read
Taxation Services

Understanding the 15% Domestic Minimum Top-Up Tax (DMTT) in the UAE

Starting January 1, 2025, the UAE  implemented a new tax known as the Domestic Minimum Top-Up Tax (DMTT), a move that aligns […]

gihan zenekJuly 31, 20252 min read
Taxation Services

Essential Terms Every New Business Owner Should Know About UAE Corporate Tax and VAT

Understanding the UAE tax system is no longer optional for business owners; it is now essential. Whether you’re launching a small startup […]

gihan zenekJuly 28, 20253 min read
Taxation Services

A Guide to VAT Deregistration Process (VAT Cancellation)

VAT deregistration refers to the formal process of cancelling a business’s VAT registration (TRN) with the Federal Tax Authority (FTA) in the […]

gihan zenekJuly 25, 20252 min read
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About Kloudac

At KLOUDAC, we're more than just an accounting firm, we become your dedicated financial growth partner. We simplify compliance and empower your business to grow.

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