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published on 16 May 2022 | reading time approx. 3 minutes
On 31 January 2022, the Ministry of Finance announced that the United Arab Emirates (UAE) will launch a federal Corporate Tax (CT) on business profits of 9% effective for financial years starting on or after 1 June 2023. Recently it has released a Public Consultation Document in which it informs on the proposed UAE Corporate Tax regime. This is not yet a final draft, but no significant changes are expected.
Nicola Lohrey
Managing Partner
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