Tax Risk Management: A Proactive Approach for UAE Corporations 2025
Tax risk management has become an important thing for companies working within the United Arab Emirates (UAE), specifically following the introduction of a federal corporate tax regime in June 2023. This proactive technique not only guarantees compliance but also facilitates companies optimizing their tax positions and reducing risks related to non-compliance. Understanding Tax Risk Management within the UAE Tax risk management entails identifying, assessing, and mitigating risks associated with tax compliance and making plans. In the UAE, in which the corporate tax panorama is evolving rapidly, companies have to navigate complicated policies that could affect their financial health. The Federal Decree-Law…