EYUAE Ministry of Finance releases Corporate Tax Law
|Tax Alerts, Legislation & Policy, Na ...|Untd A Emirates
On 9 December 2022, the United Arab Emirates (UAE) Ministry of Finance (MoF) published Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (Corporate Tax Law).
The Corporate Tax Law provides the legislative framework for a federal corporate tax in the UAE on the net profits of corporations and other businesses. It is supplemented by 158 Frequently Asked Questions to initially provide further detail on specific matters pending publication of further formal guidance. Th…