The agreements provided a major boost for this change by normalizing relations between Israel and the United Arab Emirates, Bahrain, Morocco, and Sudan. “Financial interests are one of the …
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 …
UAE Intercepts Yemen Rebel Missile In Third Week Of Attacks
The United Arab Emirates said Monday it shot down a ballistic missile fired by Yemen’s Huthi rebels, in the third such incident this month, as Israel’s president visited the country. The defence …
J&T Express Sets up Its MENA Regional Headquarters in Saudi Arabia and Signs a MoU on the Largest Smart Logistics Park in the Region
In January this year, J&T Express launched its business in both the Saudi Arabia and the United Arab Emirates (UAE) markets. With its national self-owned distribution networks and localised …
J&T Express Sets up Its MENA Regional Headquarters in Saudi Arabia and Signs a MoU on the Largest Smart Logistics Park in the Region
In January this year, J&T Express launched its business in both the Saudi Arabia and the United Arab Emirates (UAE) markets. With its national self-owned distribution networks and localised …
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.
For The First Time Ever, UAE To Lift Tax-Free Status; Introduces 9% Corporate Tax on Business Profits
The United Arab Emirates is introducing for the first time a federal corporate tax on business earnings. The UAE’s Ministry of Finance said the new federal tax of 9% on profits would be effective …
UAE to impose federal corporate tax for the first time
The United Arab Emirates announced Monday it is introducing for the first time a federal corporate tax on business earnings. The UAE — home to Abu Dhabi, Dubai and five other emirates — has been …
UAE to launch first federal corporate tax on business profits from June 2023
The United Arab Emirates (UAE) on Monday said it would introduce a federal corporate tax on business profits for the first time starting from June 1, 2023, although it kept the rate low, at 9 percent, …
Pakistan condemns Houthis missile attack on UAE
Pakistan on Monday condemned the launch of a missile by the Houthis towards the United Arab Emirates (UAE), saying that such attacks are a “grave violation of international law and a serious threat to …