According to the UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (the “Corporate Tax Law”), businesses will become subject to UAE Corporate Tax from the beginning of their first financial year that starts on or after 1 June 2023. MI Capital presents you the UAE Corporate Tax Simplifying the Law for your better understanding.
When a Natural person conducts a business activity in the UAE, then the income of such natural person from the business activity is subject to corporate tax subject to certain adjustments as mentioned in the Corporate Tax Law.
Taxation on natural persons has been a complicated part to understand and hence, we have tried to simplify by a specific webinar on applicability of corporate tax on Natural Persons.
You can find the pdf copy of the presentation on the below link- www.linkedin.c...
MI CAPITAL comprises of a team of experts who work together to serve clients on a broad range of advisory services including Comprehensive Financial Services:
Corporate Finance | Audit & Accounting | International Taxation & VAT | Risk & Assurance | Debt and Equity Advisory | Investment Advisory | Valuations and Due Diligence |Company Formations | Banking & PRO services
Contact us at:
Phone: +971564585813
Email: info@micapitalservices.com
website: www.micapitals...
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24 сен 2024
