VAT & Corporate Tax Impact on Sole Establishments in the UAE | HLB HAMT Talks

Welcome to HLB HAMT Talks! In this video, we dive into the crucial aspects of VAT and Corporate Tax (CT) that every sole establishment in the UAE needs to know.
A sole establishment is a business structure 100% owned by a person.
We'll cover:
1. VAT Registration Obligations: Understand the requirements for VAT registration when owning multiple sole establishments.
2. Corporate Tax Requirements: Learn about the CT registration thresholds starting from 1 January 2024.
3. Practical Issues:
Importance of maintaining proper books of accounts to avoid penalties.
Updating legal type changes in the EmaraTax portal.
Tax and compliance risks for group companies involving sole establishments.
4. Impact on Real Estate Sector: Key points on how real estate investment income affects VAT and CT.
Ensuring compliance with VAT and CT regulations is vital for the success of your business. Conducting an impact assessment or trial audit can help you identify risks and take necessary steps to stay compliant.
🚀 Stay Compliant, Stay Successful!
Learn more and stay updated with the latest tax insights by subscribing to our channel.
Tags: #VAT #CorporateTax #UAE #SoleEstablishment #TaxCompliance #HLBTaxTalks #VATRegistration #CorporateTaxUAE #RealEstateTax #BusinessTax #EmaraTax #TaxRegulations #TaxPenalties #Bookkeeping #TaxAudit #TaxTips #BusinessCompliance #VATCTUAE #HLBHAMTTalks #HLBHAMT
HLB HAMT Corporate Office
Address: Level 18,
City Tower-2, Sheikh Zayed Road
Dubai, United Arab Emirates
Tel: [phone]
E-mail: [e-mail]
---------------------------------------------------------------------------------------------------------------
Subscribe to Our Channel to know more about the latest information about UAE businesses, Tax, Accounting, Audit, VAT, etc.: www.youtube.co....
---------------------------------------------------------------------------------------------------------------
WHO WE ARE:
HLB HAMT is an independent member firm of HLB International, the global advisory and accounting network. As a member of a leading global organization that has over 27k+ people in 800+ offices in 150+ countries, HLB HAMT has the scale to meet the clients’ professional appetite and needs, always with the insight and dexterity that empowers one to stay a step ahead.
---------------------------------------------------------------------------------------------------------------
Follow Us on Facebook:
/ hlbhamtuae
Follow Us on LinkedIn:
/ hlb-hamt
Follow Us on Twitter:
/ hlb_hamt
Follow Us on Instagram:
/ hlbhamt
Review Us on Google:
g.page/r/CWaJ9...

[@theindiannomad6408]

This is quite informative..thank you