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 […]
On 9 December 2022, the Ministry of Finance released the Federal Decree-Law No. 47 of 2022. ‘Taxation of Corporations and Businesses’ in the public domain. The corporate tax (CT) law guides regarding different aspects of corporate tax and its implications on UAE businesses. A cabinet decision is awaited to provide further […]
An insight into the potential corporate tax regime (“CT”) has been provided by the UAE Ministry of Finance (“MoF”) on April 28th. The consultation paper discusses these insights. Please note that the information shared in the consultation is not final. Public consultations support transparency in the UAE and recognize stakeholder input […]