Summary of CT Law – UAE Federal Decree-Law No. 47 of 2022
The UAE Government has released Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Business (UAE CT Law) on 9 December 2022.
UAE Corporate Tax Law provides the legislative basis for the introduction of a tax on the taxable income of corporations and business activities conducted or deemed to be conducted in the UAE. UAE CT Law is effective from financial years beginning on or after 1 June 2023.
Fame Advisory possesses premium know-how in the field of corporate tax and is geared to help businesses meet their compliance obligations.
If you are looking for Corporate Tax professionals in Dubai or the UAE to make a smooth and seamless transition to the era of corporate tax, please get in touch with us today.