How to Register for Corporates Tax in UAE
Blog / By Master Consultant
As you may be aware, the UAE government has introduced the federal corporate tax law which has been in effect since 1st June 2023 has made a significant impact on the financial years of every business. Since corporate tax in the UAE follows the best global guidelines and standards issued by the Organisation of Cooperation and Economic Development (OECD), this makes it paramount for businesses to ensure compliance at all costs. Against a compliance-risk backdrop, it is fundamental for businesses to seek aid from corporate tax consultants in UAE. The UAE corporate tax or the business profits tax is a direct tax levied upon the profit or the net income generated by companies and other entities from their business activities. It applies to all businesses in the UAE that possess a trade