The tax is being introduced to accelerate the country’s development and transformation
The federal tax on corporations and business profits will come into effect for financial years starting on or after June 1, 2023. The UAE last year announced that it would levy a nine per cent corporate tax on companies with a profit of Dh375,000 and above, hence, requiring them to enrol for tax registration. The …
The tax is being introduced to accelerate the country’s development and transformation Read More »