Understanding UAE Corporate Tax Law: Penalties, Fines, and How to Stay Compliant
Understanding the UAE’s Corporate Tax Law Corporate tax in the UAE became effective on June 1, 2023. It is governed by Federal Decree-Law No. 47 of 2022, as amended by Federal Decree-Law No. 60 of 2023, and applies to locally incorporated businesses and foreign entities effectively managed from the UAE. The tax rate is set […]
