Corporate Tax
Finanshels.com introduces VAT and Corporate Tax registration tool
With the impending implementation of corporate tax laws in the UAE, businesses are faced with the complex challenge of tax registration and filing. In response to this pressing need, Finanshels.com, a...
UAE continues to remain a conducive environment for business setups
Dr Nabeel Ahmed, Senior Partner at one of the leading management consultant firm, One DVS explains in detail the new regime of corporate tax and its impact on businesses and the startup community in t...
UAE’s Ministry of Finance issues small business relief for corporate tax purposes
The Ministry of Finance has issued Ministerial Decision No. 73 of 2023 on Small Business Relief for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (th...
UAE issues federal decree to roll out Corporate Tax
The UAE issued Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the “Corporate Tax Law”). Businesses will become subject to UAE Corporate Tax from the begi...
9% corporate tax on its way in the UAE
The UAE will introduce a federal Corporate Tax on business profits effective for financial years starting on or after 1 June 2023. The UAE Corporate Tax regime has been designed to incorporate best pr...