Ajman Bank, in collaboration with MICS, a premier advisory firm specializing in corporate finance, taxation, and business consultancy, successfully conducted a highly informative webinar on “ UAE Corporate Tax – Registration and compliance” The exclusive session attracted strong participation from business owners, finance professionals, and tax advisors seeking clarity on the newly implemented corporate tax regulations in the UAE.
Led by distinguished tax experts from MICS, including Sheetal Soni (FCA, CFA) and Kinjal Sampat( CA), along with Jyoti Ranjan , Head of Business Banking at Ajman Bank, the webinar provided deep insights into the implications of the UAE Corporate Tax Law, with a specific focus on the Qualifying Free Zone Person (QFZP) criteria, compliance obligations, and strategic tax planning. The session also delved into key considerations such as transfer pricing, exemptions, and optimal business structuring for Free Zone entities.
Faizal Kundil, Head of Consumer Banking at Ajman Bank, stated, “As a progressive financial institution, Ajman Bank is committed to enabling businesses to navigate the dynamic regulatory environment with confidence. This initiative is part of our broader vision to provide thought leadership and empower our Business Banking clients with the knowledge they need to make sound financial and operational decisions.”
The interactive webinar facilitated open dialogue, allowing attendees to ask questions and gain clarity on complex tax matters. The strong turnout and active participation highlighted the growing interest among Free Zone businesses in understanding their responsibilities under the UAE Corporate Tax work.
At Ajman Business Banking, we are committed to support SME with the right financial knowledge and client engagement tools to empower businesses. The event’s success reflects Ajman Bank’s dedication to providing value-added services to SME clients and fostering a culture of knowledge sharing within the business community.