UAE New Corporate Tax Regime: A Closer Look at its Implications
UAE New Corporate Tax Regime In a notable shift from its traditional tax-free environment, the United Arab Emirates (UAE) has introduced a federal decree-law to implement a 9 percent corporate tax on taxable business profits exceeding AED375,000. The Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and Businesses, also known as the “Corporate […]