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Analysis of Entertainment Expenses (Corporate Tax in UAE)

Written By Fayas / Reviewed By Fahad

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Analysis of Entertainment Expenses (Corporate Tax in UAE)
Analysis of Entertainment Expenses (corporate tax in UAE) According to Article 32 of the Decree-Law, a Taxable Person is permitted to deduct only 50% of any expenses related to entertainment, amusement, or recreation that are incurred during a Tax Period for the purpose of engaging and entertaining customers, shareholders, suppliers, or other business associates. This includes, but is not limited to, expenses associated with the following activities: • Meals. • Accommodation. • Transportation. • Admission fees. • Facilities and equipment used in connection with such entertainment, amusement or recreation. • Such other expenditure as specified by the Minister
Muhammed Fayas

Muhammed Fayas

With over 4 years of hands-on experience in the financial sector, I will combine solid financial expertise with a deep understanding of market dynamics. As an ACCA part-qualified professional, Also I bring a blend of academic knowledge and practical exposure to deliver effective financial and business solutions. Adapt at analyzing financial data, streamlining processes, and ensuring compliance, I am committed to driving growth and operational excellence in dynamic business environments.

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