UAE Federal Corporate Tax – Ardor Global Consultancy

On 31 January 2022, the UAE Ministry of Finance (‘MoF’) announced the introduction of a federal corporate tax (‘CT’) in the UAE that will be effective for financial years starting on or after 1 June 2023.

The UAE CT regime will be based on international best practices, with a low / minimal compliance burden on businesses.

High level details on the proposed CT regime are set out in the press release and the Frequently Asked Questions (FAQs) published on the website of the MoF and the Federal Tax Authority.

Further information is expected to be released by mid 2022.

Introduction of UAE Federal Corporate Tax

UAE CT will be applicable across all Emirates and will apply to all business and commercial activities alike, except for the extraction of natural resources, which will continue to be subject to Emirate level taxation. Click here for more details.

Frequently asked questions

Your questions on the introduction of UAE Federal Corporate Tax answered here

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