Key Reforms Introduced by Federal Decree-Law No. 47 of 2022: Understanding the Corporate Tax Law in the UAE

Introduction to Federal Decree-Law No. 47 of 2022 The Federal Decree-Law No. 47 of 2022 represents a significant milestone in the United Arab Emirates’ (UAE) legislative framework, particularly relating to corporate taxation. This law introduces a formal corporate tax regime, a move that underscores the UAE’s commitment to achieving economic diversification and sustainability. Traditionally known … Read more

Understanding SCA Takeovers and Mergers Code: A Primer for Non-Lawyers in the UAE

Introduction to SCA Takeovers and Mergers Code The SCA Takeovers and Mergers Code is a pivotal regulatory framework established by the Securities and Commodities Authority (SCA) in the United Arab Emirates. Its primary objective is to govern the conduct of takeover bids and mergers involving public companies, ensuring that such transactions are executed in a … Read more