The introduction of the Corporate Income Tax (CIT) Law in the United Arab Emirates (UAE) marks a significant transformation in the region’s tax landscape, particularly affecting the UAE’s renowned free zones. These zones have historically been pivotal in creating an […]
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The United Arab Emirates (UAE) has taken a significant step in its economic landscape by implementing Corporate Income Tax, as outlined in the federal Decree-Law No.47 of 2022 on taxation of corporations and business, commonly known as the “Corporate Tax […]
Succession planning plays a vital role in ensuring the smooth transition of wealth across generations. In the Middle East, a jurisdiction that’s been garnering attention for its robust structure and flexibility is the Dubai International Financial Centre (DIFC). Specifically, the […]
The UAE has long been known for being one of the few countries with no tax on corporate income, attracting businesses from all around the world to its shores. However, a groundbreaking shift was introduced in December when the UAE […]
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