Insights - Fame Advisory

Determination of Qualifying Income for Free Zones as per Ministerial Decision No. 139 of 2023 and Cabinet Decision No. 55 of 2023 for the purpose of Federal Decree Law No. 47 of 2022.

ECONOMIC SUBSTANCE REGULATIONS OVERVIEW  Following the Introduction of Value Added Tax in the year 2018, the UAE came up with another update to its Tax regime with the introduction of Economic substance Regulations (the regulations) in the year 2019.   Let us discuss some important aspects of these regulations. ECONOMIC SUBSTANCE REGULATIONS The Economic Substance Regulations...