26 May, 2023
UAE MoF issues Ministerial Decision on Transitional Rules for Corporate Tax
Dubai May 26, 2023: The Ministry of Finance has issued Ministerial Decision No (120) of 2023 on Transitional Rules for Corporate Tax. The decision introduces adjustments for the opening balance sheet under the Corporate Tax Law and provides important clarifications for businesses to transition smoothly before and after the implementation of the......More...
23 May, 2023
UAE: Public to Rely only on Official Publications issued by MoF and FTA on the Corporate Tax Law
Dubai May 23, 2023: The Ministry of Finance has called on the public to rely only on official publications and posts issued by MoF and the Federal Tax Authority regarding the Federal Decree Law 47 of 2022 on the Corporate Tax Law and the associated Cabinet and Ministerial Decisions. As a number......More...
20 May, 2023
UAE issues Ministerial Cabinet Decision Clarifying who Needs to Pay Corporate Tax
Dubai May 20, 2023: UAE Ministry of Finance issues a new ministerial cabinet decision to clarify who needs to pay Corporate Tax in the country. It outlines rules on who should and should not pay Corporate Tax in the country. The new rules, announced on May, 17 2023 confirms that business owners......More...