Resilience is built on more than just funding – it requires the space and ability of individuals and communities to resist oppression and have ways of recovering from setbacks. It calls for donors to adapt to the changing contexts and nimble…
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Daily Press Briefing by the Office of the Spokesperson for the Secretary-General – UN Meetings Coverage and Press Releases
- Daily Press Briefing by the Office of the Spokesperson for the Secretary-General UN Meetings Coverage and Press Releases
- UN warns rising tensions in Yemen risk wider regional escalation, urges return to dialogue TRT World
- U.N. head Guterres calls…
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Hidden star found in unexpected dust zone
Scientists in a record-breaking discovery have found a hidden star in a region…
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AgriVision: A Benchmark Dataset for Advancing Real-World Robotic Vision in Densely Fruited Blueberry Crop
Ghazal, S., Munir, A. & Qureshi, W. S. Computer vision in smart agriculture and precision farming: Techniques and applications. Artificial Intelligence in Agriculture (2024).
Lochan, K. et al. Advancements in precision spraying of agricultural…
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Katie Price’s ex-husband Kieran Hayler denies raping girl, 13
Katie Price’s former husband Kieran Hayler has pleaded not guilty to raping and sexually assaulting a 13-year-old girl.
Mr Hayler, 38, appeared at Lewes Crown Court earlier charged with three counts of rape and one of sexually assaulting the girl,…
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UAE amends corporate and VAT rules to simplify operations – Firstpost
The UAE has introduced certain amendments focusing on the legislative changes covering the corporate tax, value added tax (VAT), and the Commercial companies law to simplify operations, modernise the business environment and strengthen the country’s business friendly framework.
The UAE has introduced coordinated amendments focusing on the legislative changes covering the corporate tax, value added tax (VAT), and the Commercial companies law.
These amendments are aimed to simplify operations, modernise the business environment and strengthen the country’s business friendly framework, aligning companies and providing them a clear guidance on taxation.
Corporate tax amendments
The corporate tax amendments clarify a detailed guidance on calculating and settling tax liabilities when credits, incentives, or reliefs apply.
Liabilities will be settled in a specific order: first, withholding tax credits; then, foreign tax credits; followed by any other Cabinet approved incentives or reliefs.
STORY CONTINUES BELOW THIS ADThe amendments are a part of a broader 2025 corporate tax overhaul that also brings the regime in line with OECD Pillar.
Taxpayers are also allowed to claim payments for unused tax credits, provided they adhere to specified timelines and procedures.
VAT law
On the VAT side, Federal Decree Law No. 16 of 2025, effective from January 1, 2026, simplifies tax procedures maintaining and getting in compliance with global standards.
Among other measures, the reforms simplify procedures by removing the requirement for self-invoicing under the reverse charge mechanism (where supporting documentation exists) and introduce a five‑year time limit for recovering excess refundable VAT.
These measures remove previous uncertainties and ensure consistent and transparent application of the corporate tax framework, which applies a standard 9 percent rate to companies with profits above Dh375,000 ($102,110), while profits below this threshold remain tax free.
Businesses will no longer need to issue self-invoices under the reverse charge mechanism if supporting documentation is kept.
Companies law
The amendment expands flexibility and competitiveness in the corporate structures. The law introduces the non-profit company, allowing organizations to reinvest net profits to achieve their objectives without distributing profits to shareholders.
It helps the users to solve complex problems, including the rights of voting , redemption, as outlined in a company’s articles of incorporation or bylaws.
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Why is the Anti-Tail Sunward-Jet of 3I/ATLAS Tightly Collimated? – Avi Loeb – Medium
- Why is the Anti-Tail Sunward-Jet of 3I/ATLAS Tightly Collimated? Avi Loeb – Medium
- 3I/ATLAS Still Shows an Anti-Tail, as it Gets Closer to Earth Avi Loeb – Medium
- Watch interstellar comet 3I/ATLAS make its closest approach to Earth in free…
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Spanish media split on Marcus Rashford after Barcelona struggle in cup
Manchester United has received mixed reviews from Spanish media after his latest performance
Spanish media have delivered their verdict after Marcus Rashford’s strike helped
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‘Fate of Ophelia’ cover shines a certain showgirl’s spotlight on the Marching 110
The turnaround time between the album’s release and the band’s performance was only about four weeks. Crook says the process for arranging is complicated and explains that each instrument has a specific range it’s capable of playing. He…
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Duke of Marlborough charged with intentional strangulation
The offences are alleged to have taken place between November 2022 and May 2024, Thames Valley Police said.
Mr Spencer-Churchill, the former Marquess of Blandford, was arrested on 13 May 2024.
The twice-married aristocrat inherited his dukedom in…
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