Ministry of Finance Announces Issuance of UAE Cabinet Decision on Treatment of Natural Persons Undertaking a Business or Business Activity

العربية Ministry of Finance Announces Issuance of UAE Cabinet Decision on Treatment of Natural Persons Undertaking a Business or Business Activity 17 May 2023 The Ministry of Finance announced the issuance of UAE Cabinet Decision No. (49) of 2023 on the treatment of resident and non-resident individuals undertaking a business or business activity, for the […]

Ministry of Finance Issues Explanatory Guide for Corporate Tax Purposes

العربية Ministry of Finance Issues Explanatory Guide for Corporate Tax Purposes 12 May 2023 The Ministry of Finance has issued an Explanatory Guide for Federal Decree-Law No 47 of 2022 on Taxation of Corporations and Businesses (the “Corporate Tax Law”), which provides the legislative basis for imposing a federal tax on corporations’ and business profits […]

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