UAE Coporate Tax Law
Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (“Corporate Tax Law”) was signed on 3rd October 2022 and subsequently published on the 10th of October, 2022. It is one of the most anticipated & dynamic regulatory changes in country’s economic environment. In line with global best practices, the law further strengthens UAE’s position as a leading global hub for businesses and aims accelerate the UAE’s development and transformation to achieve its strategic objectives.
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