All taxable persons are required to register for UAE Corporate Tax and obtain a Corporate Tax Registration Number as per the UAE Corporate tax law and following implementing decisions.
-The Federal Tax Authority may also request certain Exempt Persons to register for UAE CT.
- UAE branches of domestic companies are an extension of their “parent” or “head office” and are not considered separate legal entities. Therefore, UAE branches of a domestic juridical person are not required to separately register or file for UAE CT. 
-  Please click on the link below  for FAQs https://tax.gov.ae/en/faq.aspx

All taxable persons are required to register for UAE Corporate Tax and obtain a Corporate Tax Registration Number as per the UAE Corporate tax law and following implementing decisions.
-The Federal Tax Authority may also request certain Exempt Persons to register for UAE CT.
- UAE branches of domestic companies are an extension of their “parent” or “head office” and are not considered separate legal entities. Therefore, UAE branches of a domestic juridical person are not required to separately register or file for UAE CT. 
-  Please click on the link below  for FAQs https://tax.gov.ae/en/faq.aspx

A request for exemption from administrative penalties can be submitted if the request meets the controls and conditions mentioned in Cabinet Resolution No. 105 of 2021.

Companies resident in the country can request to form a tax group and be treated as a single taxable person, provided that the parent company resident in the country owns (directly or indirectly) at least 95% of the capital and voting rights in each company.

The formation of a tax group requires that the parent company or any of its subsidiaries not be an exempt person or entity in the free zone that benefits from the application of the free zone corporate tax at a rate of 0%. All companies must have the same fiscal year and prepare their financial statements using the same accounting standards

Where no election is made or the income of the foreign branch or permanent establishment is not eligible for an exemption from CT, the UAE CT payable on the income of the foreign branch or permanent establishment can be reduced by the corporate tax (or similar) paid on the relevant income in the foreign jurisdiction. 

The first supply of a new residential building within the first three years of it being constructed is zero-rated. All subsequent supplies are exempt, even if within the first three years.

The owners of residential buildings who only make exempt supplies do not have to register for VAT if they do not have any taxable business activities. Where owners have taxable business activities, they should consider their obligations further.

The owner of any building that is not residential, will have to register if the value of the supplies over the preceding 12 months exceeds AED 375,000 or it is expected that they will exceed AED 375,000 over the coming 30 days.

An owner of a residential building is not able to recover VAT in respect of expenses related to the exempt supply of the residential building.

An owner of a commercial building is generally able to recover VAT in respect of expenses related to the supply of the commercial building.

The rent or sale of a residential part of the building shall be treated as zero-rated or exempt, depending on whether this is a first supply or a subsequent supply.

The rent or sale of a commercial part of the building shall be treated as subject to VAT at 5%.

The tax incurred by the owner on the building needs to be apportioned where there is an exempt supply, and the portion related to the taxable supply (at 0% and 5%) may be recovered.

The rent of a residential building will generally be exempt from VAT.

The rent of a commercial building will be subject to VAT at 5%

Travellers entering the UAE with excise goods for non-business purposes will not be required to register as an importer of excise goods.

Travellers may need to pay the excise tax due on the goods depending on the value of the goods being imported. Where the value of the goods is below the threshold for exemption from Customs Duty as per the Customs Laws, no excise tax is due.

Where the value of excise goods exceeds the value of the exemption for Customs Duty purposes, then excise tax will be due on the total value of the goods.

Physical payment of excise tax will be required before or at the time of import. Further details on the obligations of travellers or non-registered persons bringing excise goods into the UAE can be found in the Excise Tax Importers User Guide available on the FTA's website.

The VAT treatment of real estate will depend on whether it is a commercial or residential property.

Supplies (including sales or leases) of commercial properties will be taxable at the standard VAT rate (i.e 5%).

On the other hand, supplies of residential properties will generally be exempt from VAT. This will ensure that VAT would not constitute an irrecoverable cost to persons who buy their own properties. In order to ensure that real estate developers can recover VAT on construction of residential properties, the first supply of residential properties (through sale or lease) within 3 years from their completion will be zero-rated.

The Federal Tax Authority has launched an initiative to waive the AED 10,000 administrative penalty for late Corporate Tax registration, subject to meeting specific conditions.
Condition to Benefit from the Waiver:
The waiver will apply provided that the business submits its first Corporate Tax return (or Annual Declaration for exempt persons) within 7 months from the end of the first Tax Period.
The Waiver Applies to the Following Cases:
Businesses that registered late
Businesses that have not yet registered
Businesses that were issued a late registration penalty, whether the penalty is paid or unpaid
Refund of Paid Penalty
-If the penalty has already been paid, the amount will be refunded to the taxpayer’s tax account once the first Corporate Tax return (or Annual Declaration) is submitted within the required 7-month timeframe.

The following categories of supplies will be exempt from VAT:

• The supply of some financial services;
• Residential properties (excluding the first supply of newly constructed residential property which qualifies for the zero-rating treatment);
• Bare land; and
• Local passenger transport.

VAT, as a general consumption tax, is applied at 5% to all transactions of goods and services unless specifically exempt in Article 46 of the Federal Decree-Law No. (8) of 2017 on Value Added Tax or subject to a rate of 0% as per Article 45 of the Federal Decree-Law.

Where a VAT registered person incurs input tax on its business expenses, this input tax can be recovered in full if it relates to a taxable supply made, or intended to be made, by the registered person. In contrast, where the expense relates to a non-taxable supply (e.g. exempt supplies), the registered person may not recover the input tax paid.

In certain situations, an expense may relate to both taxable and non-taxable supplies made by the registered person (such as activities of the banking sector). In these circumstances, the registered person would need to apportion input tax between the taxable and non-taxable supplies.

Businesses will be expected to use input tax (ratio of recoverable input tax to total input tax incurred) as a basis for apportionment in the first instance although there will be the facility to use other methods where they are fair and agreed with the Federal Tax Authority.

The rent or sale of a residential part of the building shall be treated as zero-rated or exempt, depending on whether this is a first supply within the first three years of completion of construction or a subsequent supply.

The rent or sale of a commercial part of the building shall be treated as subject to VAT at 5%.

Tax that cannot be directly attributed to exempt supplies or taxable supplies should be apportioned, and only the portion relating to the taxable supplies (at 0% and 5%) may be recovered

Generally, insurance (vehicle, medical, etc) is taxable. Life insurance, however, is an exempt service.

Fee based financial services are subject to VAT while margin based products are exempt.

No. Imported goods may be exempt from customs duties but still be subject to VAT.