The Abu Dhabi EDITION, situated in the metropolis downtown district on the waterfront of Al Bateen Marina, announces the launch of a new salon, Rossano Ferretti at EDITION Spa. Opening its doors on …
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Sharjah Labour Sports Tournament enters into decisive stage
Sharjah: The fifth Sharjah Labour Sports Tournament, organized by the Labour Standards Development Authority in Sharjah (LSDA), has continued its successful competitions on the playgrounds of the …
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UAE – Sharjah Shopping Promotions Concludes on High-Note with the Volume of Purchase Growing by 25%
While the volume of purchase throughout the campaign grew by 25%, the campaign witnessed an impressive increase in the number of shoppers exceeding 40% compared to last year. The Sharjah Shopping …
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Al-Fardan: Cycling competition promotes Sharjah’s landmarks
Fardan, a member of the Board of Directors of the Sharjah Sports Council, explained that the third stage of the Sharjah Cycling Tour started from the Ittihad Kalba Sports and Cultural Valley, to the …
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Sharjah Light Festival to take place from February 9-20
Sharjah Commerce and Tourism Development Authority (SCTDA) has announced the 11th edition of the Sharjah Light Festival, which will take place from February 9-20 across nine sites in the emirate. With …
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UAE to introduce federal corporate tax on business profits from June 1, 2023
The United Arab Emirates will introduce a federal corporate tax on business profits starting from June 1, 2023 for the first time, the Finance Ministry announced on Monday, but kept a low base to …
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The UAE Introduces Its First-Ever Corporate Taxes, Set to Start in 2023
The news is a significant shift for a country that’s long attracted businesses from around the world thanks to its status as a tax-free commerce hub.
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UAE to introduce 9% federal tax on business profits
The UAE has announced plans to introduce a federal corporate tax on business profits. The new measure will come into force from June 1, 2023. With a standard statutory tax rate of 9 percent and a 0 …
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UAE Plans to Levy Corporate Tax on Business Profits From 2023
The United Arab Emirates is planning to introduce federal tax on corporate earnings for the first time, scrapping the levy-free regime that’s helped make it a magnet for businesses from across the …
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In Huge Change, UAE, Long A Tax Haven, Introduces New Rules
The United Arab Emirates will introduce a corporate tax from mid-2023, the finance ministry said Monday, in a major change of course as the country seeks to diversify its income.
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UAE to introduce corporate tax next year: finance ministry
The United Arab Emirates will introduce a corporate tax from mid-2023, the finance ministry said Monday, in a major change of course as the country seeks to diversify its income.
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Citigroup Is Hiring Across Gulf, Awaits Another Record IPO Year
Citigroup Inc. is boosting its presence in the Gulf region as it expects activity including initial public offerings to reach a new historic high.Most Read from BloombergAn Army of Faceless Suits Is …
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UAE announces new tax to go into effect next year
Businesses will become subject to UAE corporate tax from the beginning of their first financial year that starts on or after June 1, 2023. The UAE corporate tax regime has been designed to incorporate …
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UAE to introduce new tax on business profits, effective from next year
With a standard statutory tax rate of 9 percent and a 0 percent tax rate for taxable profits up to Dhs375,000 to support small businesses and startups, the UAE corporate tax regime will be amongst the …
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UAE to introduce federal corporate tax from June 2023
The UAE will introduce a federal corporate tax on the profit of businesses from the financial year starting on or after June 1, 2023, the Ministry of Finance said on Monday. A standard statutory tax …
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UAE introduces federal tax on business profits on or after June 2023: Statement
The UAE’s Ministry of Finance announces the introduction of a federal tax on business profits to be applied to fiscal years starting on or after June 1, …
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Here’s how the new UAE labour law will effect annual leave, holidays
As the country’s new labour law goes into effect on February, some ambiguities remain amid the wait for executive regulation clarification Here’s how the new UAE labour law will effect annual leave, …
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