Your trusted source for UAE tax, accounting, and compliance guidance.
The UAE is already a world-class business destination due to its prime geographical location, first-rate infrastructure and favorable Free Zone jurisdictions. But things have changed due to financial Corporate Tax law effective from June 2023.
In the UAE, they have benefited from these tax breaks for years to attract investment and spur economic growth. The introduction of Corporate Tax at the Federal Decree-Law No. 47 of 2022, effective
When corporate tax was introduced to the UAE Freezone on 1 June 2023, it was a game-changer for firms doing business in any of the country’s many free zones. The standard rate of corporate tax
In June 2023, UAE implemented its federal corporate tax system, and this has brought significant change in the taxation that existed. For VAT, the general rate is at 9% applied to all taxable
n a world of transparency in taxation, the UAE has implemented the Domestic Minimum Top-Up Taxes (DMTT) as part of the OECD/G20 Pillar Two framework. As of the financial years beginning on or
n an ever-changing world of worldwide tax capabilities, the United Arab Emirates (UAE) is becoming a progressive international business center. When we look ahead to 2025, one significant development is the
At a time when global tax changes are changing the way companies do business internationally, the United Arab Emirates (UAE) has risen to meet such standards. On January 1, 2025, you aren’t far
The UAE has been one of the leading countries in the Middle East taking solid steps on mandatory sustainability and ESG (Environmental, Social and Governance) reporting over the past couple of
At a time when ESG factors are reconfiguring global capital flows, sustainability reporting in UAE businesses has been transformed from a voluntary nice to have into a regulatory and market necessity. With the
In today’s globalized marketplace, multinational enterprises (MNEs) with operations in the UAE are being closely watched like never before in relation to inter-company dealings. Following the introduction of Corporate Tax in the
