Top Corporate Tax Challenges for Businesses Inside the UAE and How to Overcome Them in 2025
As of January 1, 2025, the United Arab Emirates (UAE) will implement a significant increase in corporate tax rates, introducing a 15% tax on multinational enterprises (MNEs) with worldwide sales exceeding €750 million (about AED three billion). This shift marks a departure from the UAE's traditionally low tax surroundings and affords numerous challenging situations for companies working withinside the region. Here, we discover the top corporate tax challenges for businesses and how corporate tax consultants can help overcome them. Increased Tax Liability Challenge: The maximum on the spot effect of the brand new corporate tax charge could be a boom…