UAE CT Rate

UAE CT Rate

UAE CT Rate : Corporate Tax in the UAE: The Ministry of Finance of the United Arab Emirates (UAE) announced on January 31, 2022 that the federal Corporate Tax

Corporate Tax in the UAE

Corporate Tax in the UAE

Corporate Tax in the UAE: The Ministry of Finance of the United Arab Emirates (UAE) announced on January 31, 2022 that the federal Corporate Tax (“CT”) would take effect as of the fiscal year starting June 1, 2023.

Based on the aforementioned announcement, the Ministry of Finance published a consultation document to gather and evaluate the responses of stakeholders (“Consultation Document”) concerning the most prominent features of the legislation and its implementation ahead of the release of the draft CT legislation.