The imposition of a Value Added Tax (VAT) system on the 1st of January, 2018 began the UAE taxation revolution. Today, the UAE earns revenues through the countries’ VAT system which sits at 5% VAT. This has an effect on businesses within the UAE and…
The adoption of corporate tax in the United Arab Emirates (UAE) is a paradigm shift in the country’s economic strategy. The UAE is now introducing a federal corporate tax, which is in alignment with the global economic framework. This marks a significant turn from the…
As a hub for business, Dubai stands out due to its economy’s landscape and the connectivity with global market. With the implementation of corporate tax by the UAE and the introduction of new challenges for companies that operate in Dubai. As business operations grow and regulatory frameworks…
