Taxes are one of the prime sources of revenue for most economies. Tax compliance is important for the smooth functioning of the overall economy of a country. Governments need to collect taxes timely and completely in order to provide essential services to the citizens. However, the collection of taxes is not […]
Introduction to Real Estate Corporate Tax Do you believe the real estate sector will be taxed similarly to other corporate businesses in the UAE? The short answer is yes, but there are some essential details to be aware of. The UAE Ministry of Finance will implement the federal corporate tax (CT) […]
There have been some changes to specific provisions of the UAE Value Added Tax (VAT) regime announced by the UAE Ministry of Finance. The Federal Decree-Law No. 18 of 2022 introduces 24 changes. VAT is a type of indirect tax based on general consumption. Most countries impose VAT on […]