A Comprehensive Guide to Corporate Tax UAE: What Businesses Need to Know
The introduction of company tax within the United Arab Emirates (UAE) marks a giant shift within the region's commercial enterprise panorama. Effective from June 1, 2023, this tax pursuits to align the UAE with global requirements whilst diversifying its economic system past oil and gas. This guide will discuss the important steps for corporations and how corporate tax consultant in Dubai can help in navigating the company tax framework in 2025. Overview of Corporate Tax Framework Corporate tax is levied on the net taxable income of companies operating within the UAE. The Federal Decree-Law No.47 of 2022 installed this tax,…