TFS Gulf 
UAE is undoubtedly a global financial center and international business hub. And December 9th, 2022 marked a new beginning for UAE to further advance its development and achieve its strategic goals.
The Ministry of Finance of the United Arab Emirates (UAE) issued Federal Decree No. 47 of 2022 on the Taxation of Corporations and Businesses.
While UAE does not levy any income tax on individuals, Corporate Tax will soon be applicable for financial years beginning on or after June 1st, 2023.
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