The UAE has always been famous for its business-friendly policies. These policies attracted a heavy amount of foreign investment from large multinational corporations and investors. However, in order to diversify income sources other than tourism and oil, the UAE is implementing a new corporate tax (CT) from June 1, 2023. Federal […]
A corporate tax is a tax that is applicable to the taxable profits of a company. Taxable profit is the profit after all allowable expenses as per the tax laws of a country. In the UAE, the concept of corporate tax is under debate after the introduction of a new law, […]
Introduction to Real Estate Corporate Tax Do you believe the real estate sector will be taxed similarly to other corporate businesses in the UAE? The short answer is yes, but there are some essential details to be aware of. The UAE Ministry of Finance will implement the federal corporate tax (CT) […]