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Ajay Denny

Ajay D Kaitharan is an ACCA Affiliate and a Commerce graduate, serving as a key member of ATB Legal’s Accounting, Tax Consulting, and Corporate Compliance practice. He specialises in corporate taxation, accounting, and financial compliance across the UAE, India, the GCC, and other major business jurisdictions. His expertise extends to navigating complex direct and indirect tax regimes, Double Taxation Avoidance Agreements (DTAA), and cross-border compliance frameworks.With a strong foundation in public accounting and hands-on experience serving small and medium enterprises (SMEs) as well as larger corporate clients, Ajay delivers practical, results-driven solutions. He is adept at structuring tax-efficient strategies, ensuring regulatory compliance, and addressing intricate accounting challenges in dynamic business environments.

Insights

Articles by Ajay Denny

Corporate and Commercial

Save on Tax! UAE Small Business Relief Explained

Updated October 2026: the Ministry of Finance has extended Small Business Relief to tax periods ending on or before 31 December 2029 (Ministerial Decision No. 131 of 2026). Confused about UAE’s Corporate Tax for your small business? Don’t worry! This guide explains the Small Business Relief program offering tax exemption and simplified compliance   What […]

3 Apr 2024 · 3 minRead →
Tax

UAE Corporate Tax FAQs: Deductions, Entertainment Expenses, and QPBE Insights

UAE Corporate Tax FAQs: What are the deductible expenses, who can claim the deduction, how to claim the deduction, which expenses are non-deductible, what is a QPBE?  Which expenses can be deducted for deriving the Taxable Income for the purpose of UAE Corporate Tax?  Generally, all business-related expenses can be deducted during the relevant tax […]

13 Mar 2024 · 4 minRead →
Corporate and Commercial

UAE Corporate Tax Registration and Return Filing: The New Deadline is September 30

As per the UAE Corporate Tax Law, all businesses registered under Corporate Tax must submit their annual tax return within nine months from the end of its financial year. Consequently, for companies and individuals with a financial year ending on December 31, 2024, the deadline to file their Corporate Tax return is September 30, 2025.   […]

4 Mar 2024 · 10 minRead →
Corporate and Commercial

​​Tax Group: Simplified single tax return reducing the tax burden for all members​

Members in a Tax group do not have to file separate Tax returns; the Parent entity can file a single tax retun on behalf of them all. The income and losses derived from individual entities are set off against each other.   The UAE Corporate Tax Law considers two or more Juridical taxable persons as a […]

4 Mar 2024 · 13 minRead →
Corporate and Commercial

Corporate Tax for Partnerships, Trusts and Foundations

The UAE is introducing its Corporate Tax this year, and it’s crucial for partnership firms and family trusts to understand how it impacts them. Here’s a simplified breakdown. What is a Partnership Firm A partnership is a legal arrangement where two or more persons agree to manage, operate and share the profits of a business. […]

16 Feb 2024 · 6 minRead →
Company Formation

Oman Opens Wider for Foreign Investment; Allows Non-residents to Start Business 

​​The Sultanate of Oman is gearing towards a Foreign Investor-friendly regulatory regime. With the latest regulatory reforms, foreign investment do not need a residency card to establish a business in Oman. This groundbreaking development is part of Oman’s strategic vision to diversify its economy and attract global investors.​  Thinking about expanding your business to Oman? […]

2 Jan 2024 · 5 minRead →
News

UAE Accountability Authority: ​​A Successor to the Supreme Audit Institution

​​The Supreme Audit Institution in the UAE is being replaced by the UAE Accountability Authority. The new Authority will be instrumental in UAE’s effort to curb Bureaucratic corruption and offer improved protection and safeguards to whistleblowers. ​ Background WAM (Emirates News Agency), the official news agency of the United Arab Emirates (UAE) has reported on […]

26 Dec 2023 · 2 minRead →
Corporate and Commercial

UAE Federal Tax Authority Launches Mechanism to Appeal Against Tax Assessments

Learn how to make a Tax Assessment Review Request and Tax Assessment Reconsideration Request​ in the ​​UAE. ​​ Background of Federal Tax Authority As communicated in the Federal Decree-Law No. 28 of 2022 and Cabinet Decision No. (74) of 2023 On the executive Regulation of Federal Decree-Law No. (28) of 2022 on Tax Procedures, the […]

26 Dec 2023 · 4 minRead →
News

30-year Tax Exemption for Companies Moving Regional HQs to Saudi Arabia

Wooing corporates: KSA’s tax strategy to lure companies into shifting regional HQ to Saudi   The Background Competition is intensifying between Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE), two of the biggest economies of the GCC, to become economic superpowers. KSA, the world’s largest oil exporter, has been actively pursuing bold […]

15 Dec 2023 · 3 minRead →
Corporate and Commercial

UAE Corporate Tax Law: Key Changes in Qualifying Income Criteria (2023 Update)

In a significant development for businesses operating in the UAE, the landscape of UAE corporate tax is undergoing a transformative shift. The latest developments, encapsulated in Cabinet Decision No. 100 of 2023 and Ministerial Decision No. (265) of 2023 have replaced the erstwhile Cabinet Decision No. 55 of 2023 bringing about critical adjustments to the […]

8 Dec 2023 · 2 minRead →