Pros and cons of the corporate tax Corporate tax is a tax levied on the profits earned by corporations and is a crucial source of revenue for governments around the globe. The concept of corporate tax has been the subject of much debate and has elicited strong opinions from different quarters. In one sense, proponents […]
What are corporate taxes? -How corporate tax in the UAE will affect small businesses The United Arab Emirates (UAE) has introduced a new corporate tax law that will affect businesses operating within the country. The law, which came into effect on June 1, 2023, imposes a 9% tax on all companies except those in the
9 IMPORTANT ASPECTS OF CORPORATE TAX Corporate tax in the UAE will be introduced on the 1st of June 2023. The Federal Tax Authority changed the online portal to the New EMARA tax portal to welcome corporate tax. There are 9 Important Aspects of Corporate Tax in the UAE according to the Authority. 1) REGISTRATION: