UAE’s Tax Compendium
In addition to gaining economic strength in recent years, the government of the UAE has dedicated a lot of its energies to the compliance aspects of doing business. These laws are aimed at strengthening ethical business practices while continuing to ensure ease of doing business.
To enhance the UAE’s commitment to meeting international standards of tax transparency and prevention of harmful tax practices in line with the principles of Organisation for Economic Corporation and Development (OECD), the UAE Ministry of Finance has introduced a number of tax laws such as corporate tax, value added tax (VAT), and excise tax.
For businesses, understanding and complying with the UAE tax benefits is not just a regulatory obligation, but a pathway to sustainable growth and success in one of the world’s most dynamic markets.
