Corporate Tax Administrative Penalties

Corporate Tax Filing Penalties & Violations Corporations and businesses in the UAE must follow the Corporate Tax Law and Tax Procedures Law. Non-compliance might lead to severe administrative penalties. Here’s an extensive table describing the violations and their respective CT Filing Penalties: Table of Violations and Administrative Penalties on the Taxation of Corporations and Businesses […]

What is Transit Shipment

A Transit Shipment or normally said as Trans Shipment is common practice at main ports. A transit shipment is the transportation of goods through a country or territory other than the origin or destination. The goods remain on the same mode of transportation, such as a ship, train, or aircraft, during transit. Transit shipment means […]