A Comprehensive Guide to Federal Decree-Law No. 47 of 2022: Understanding the Corporate Tax Law in the UAE

Introduction to Federal Decree-Law No. 47 of 2022 Federal Decree-Law No. 47 of 2022 represents a pivotal advancement in the regulatory framework governing corporate taxation in the United Arab Emirates (UAE). This legislative development reflects the UAE’s broader economic reform initiatives aimed at enhancing the nation’s fiscal sustainability and promoting transparency within the corporate sector. … Read more

Analyzing Penalties and Enforcement Trends Under the Cabinet Decision on Executive Regulations to the Excise Tax Law in the UAE

Introduction to Excise Tax Law in the UAE The Excise Tax Law in the United Arab Emirates (UAE) was enacted with the primary goal of regulating and reducing the consumption of specific goods that are deemed harmful to both public health and the environment. This law plays a critical role in the government’s strategy to … Read more