Corporate Tax
Fta Vat Audit Assistance| Corporate Group02 Dec, 2023Finance
The Ministry of Finance has recently announced a significant development for businesses operating in the United Arab Emirates (UAE). Effective from 1st June 2023, a 9% federal corporate tax will be introduced, applicable to business profits exceeding AED 375,000. This move aims to align the UAE with global practices while maintaining its competitive edge in the corporate tax landscape.
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