Corporate tax is a direct tax imposed on the profits of companies and other entities from their business activities.
In the UAE, the Corporate Tax Law was introduced on December, 2022, establishing a Federal Corporate Tax regime effective from June 1st, 2023. This law applies to all business and commercial activities in the UAE, with certain exemptions such as government entities, qualifying investment funds, and public pension funds.
Adherence to international standards aims to enhance the UAE’s attractiveness as a global business destination. To navigate this new tax landscape and avoid penalties, consider utilizing our services for expert guidance and compliance. Choose MHA without a hint of doubt. Contact Us!
Maintain your tax compliance through MHA at an affordable price. Get support from Experienced Accountants for bookkeeping, financial statement preparation, VAT and Corporate Tax Filing.