Dubai: The UAE has officially issued a federal decree-law on corporate tax at a nine percent rate for taxable business profits exceeding AED375,000 (approx. 100,000 €). Businesses will become subject to UAE tax from the beginning of their first financial year that starts on or after 1 June 2023. However, existing free zone entities will […]
Dubai: The UAE cabinet, headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the executive regulations of the Federal Decree-Law on Entry and Residence of Foreigners aimed at strengthening the UAE position as an ideal destination to live, work, and […]
