There have been some changes to specific provisions of the UAE Value Added Tax (VAT) regime announced by the UAE Ministry of Finance. The Federal Decree-Law No. 18 of 2022 introduces 24 changes. VAT is a type of indirect tax based on general consumption. Most countries impose VAT on […]
Virtual Assets are booming in leaps and bounds, thanks to their growing acceptance, attractiveness, and the growing prominence of Blockchain technology in various fields. Virtual assets directly impact the financial sector and the economy in general. Intermediaries are becoming increasingly necessary as Virtual Assets move forward, providing support and facilitating […]
Introduction According to the recent law changes in the UAE, specifically Federal-Decree Law No. 47 of 2022, corporations, including free zone entities, are soon going to be taxable in the UAE. As per the law, businesses will be liable for corporate tax from the beginning of their financial year, starting on or […]