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Corporate Tax Thought Leadership Series: Anti-Abuse Rules for Small Business Relief

24/04/2023

BackgroundThe UAE enacted its Corporate Tax Law in December 2022 (Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses). The Corporate Tax Law applies with effect from 1 June 2023. A 9% tax rate will apply on income exceeding AED...

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Authors

Portrait ofJohn O'Connor
John O'Connor
Partner
Dubai
Portrait ofPatrik Daintry
Patrik Daintry
Partner
Dubai
Portrait ofAndre Anthony
Andre Anthony
Senior Associate
Dubai