Demystifying UAE Corporate Tax Law

Here is a link to our recent webinar recording on Demystifying UAE Corporate Tax Law hosted by Chirag Gupta and Hari Rankawat of RNG Auditors, a BOKS International member firm based in the UAE.

The primary aim of this 45-minute webinar is to spread awareness about UAE Corporate Tax (UAE CT), as UAE transits from no tax to low tax jurisdiction. The session is helpful for companies and tax professionals alike. The UAE CT regime will become effective for financial years starting on or after 1 June 2023. The business community and tax experts must act now, as the tax will soon become a reality in UAE. The speakers focus on the key concepts which will deeply impact businesses in the future while simplifying the critical aspects of the UAE CT, which will enhance your knowledge and equip you for UAE Corporate Tax.

Key Takeaways:

Why is the UAE introducing CT?
Scope and rate for the UAE CT
Will foreign companies be subject to UAE CT?
Whether UAE CT will apply to entities established in a Free Zone?
Transfer pricing rules