MCA participated at the UAE Corporate Tax event conducted by Gulf News which was a day-long exploration of the transformative impact of the UAE’s competitive corporate tax rates.
Ministerial Decision No. 49 of 2023 specifies UAE Corporate Tax on Individuals – the Taxability of a Natural Person’s “Business” or “Business Activities”
UAE Ministerial Decision No. 82 of 2023 specifies categories of Taxable Persons required to maintain Audited Financial Statements
The fourth snippet on UAE Corporate Tax is on “Foreign Business Taxability”. Overseas entities or foreign nationals doing business in the UAE may be subject to UAE corporate tax.