The Government of UAE will be introducing corporate tax to be levied on businesses, effective for financial years starting on or after 1 June 2023. This new tax regime is being introduced to cement UAE’s position as the leading global hub for business and investment, and would be based on international best practices. Click here to know more: https://www.professionallawyer.me/blog/commercial-law/what-you-need-to-know-about-direct-taxation-of-business-in-the-uae/
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