On 31 January 2022, the Ministry of Finance (MOF) announced that the United Arab Emirates will introduce a Federal Corporate Tax on business profits effective for financial years starting on or after 01 June 2023. On 28th April 2022, a public consultation document (‘PCD’) was also published with the objective of seeking comments from the stakeholders on the proposed regulations.
Source: premier-brains.com
Latest Posts in "United Arab Emirates"
- Declaration of Tax Group Eligibility and Compliance Summary
- Key Highlights of Ministerial Decision No. 243 & 244 of 2025 on Electronic Invoicing
- UAE e-Invoicing 2025: Key Rules, Timelines, and Actions for Businesses Under MD 243 & 244
- Federal Tax Authority Revises Turnover Declaration Rules for VAT Group Registrations
- UAE E-Invoicing: Digital Transformation, Compliance, and Efficiency for Micro Enterprises and Businesses
