Taxation compliance involves adhering to legal tax obligations, including accurate reporting, timely filing, and payment of taxes. It ensures businesses and individuals meet regulatory standards, avoiding penalties and legal issues.
UNITED ARAB EMIRATES
The UAE has a favorable tax regime, with no personal income tax and a corporate tax of 9% on business profits exceeding AED 375,000, along with a 5% VAT on most goods and services.
PAKISTAN
Pakistan’s taxation system includes direct and indirect taxes, with income tax and sales tax being key components, regulated by the Federal Board of Revenue (FBR).
