On 9 December 2022, the UAE Ministry of Finance (MOF) published the Federal Decree-Law No. 47 of 2022 – on Taxation of Corporations and Businesses, which will start the corporate tax regime for taxpayers with financial years starting on or after 1 June 2023, with a standard statutory 9% tax rate for taxable profits exceeding AED 375,000.
In a series of podcasts, team Re/think is discussing the multiple angles of Corporate Tax and how to prepare for it.
In our seventh episode, Neil Guthrie, Senior Director of Finance and Tax at Re/think, and Keerthi Voodimudi, Director of Tax at Re/think, discuss the implications of UAE Corporate Tax for the Financial Services Sector. Follow our podcasts to learn more about the upcoming episode, which will be on “Practical Aspects of CT Implementation”
