Business Breakfast: Preparing for UAE’s E-Invoicing Era and Corporate Tax Period Ending 31st December 2024

This exclusive Business Breakfast, led by Chahat Hirawat Kochar and Kanika Nigam, offers a comprehensive exploration of UAE’s upcoming E-Invoicing framework and the fast-approaching Corporate Tax period ending 31st December 2024. As regulatory requirements continue to evolve, staying informed and prepared is vital for businesses, tax professionals, and finance leaders alike. Attendees will walk away with clarity on compliance requirements, strategies to minimize risks, and best practices to confidently align with the UAE’s regulatory landscape ensuring their businesses remain fully compliant, audit-ready, and future-proof.

Key Topics Covered:

• Statement of Corporate Tax Computation.
• Transfer Pricing Framework.
• Overview of Corporate Tax Compliances for both Mainland and Free Zone Businesses.
• Corporate Tax preparedness – Next Steps.
• E-Invoicing Framework in UAE.
• Importance/ benefits of e-invoicing in the UAE tax ecosystem.

Speakers

• Kanika Nigam
• Assistant Director-Taxation

• Kanika Nigam is an Assistant Director – Indirect Tax at MBG Corporate Services Possesses over 10 years of experience in indirect taxation, financial reporting, and auditing. During her tenure there, she was involved in numerous tax audit assignments, VAT Advisory, the voluntary disclosure review process, Private Clarifications, Reconsideration, refund assessments, de-registration, and various other tax departmental projects.
• Her practical experience with Indirect tax principles have helped companies develop effective VAT strategies to ensure a seamless transition to the new Indirect Tax framework in the UAE.

• CHAHAT KOCHAR
• Assistant Manager | Corporate & International Tax

• Chahat is a Chartered Accountant with over six years of post-qualification experience in Corporate and International Tax. She holds a Bachelor of Commerce degree from Nagpur University, India.
• She has advised clients across diverse industries including manufacturing, trading, consumer goods, e-commerce, services, and life insurance—on cross-border tax implications such as permanent establishment risks, taxation of royalties, dividends, capital gains, interest income, foreign tax credits, distributor models, and equalization levy, under both domestic tax laws and treaties.
• Following the introduction of UAE Corporate Tax Law, Chahat has been guiding businesses, including foreign companies operating in the UAE, on its impact and compliance requirements.