The Changing Diversity of UAE Listings as Tech Startup’s IPOs take the Lead
With two stock exchanges, the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM), historically controlled by massive energy, banking, and real estate companies, the United Arab Emirates (UAE) has long been a center for the Middle East’s financial markets. However, as the nation works to diversify its economy as part of its Vision […]
Corporate Tax Requirements for Business Branches in UAE – Mubarak Al Katbi
Corporate Tax Rules for Business Branches in UAE The UAE is a well-liked place for business owners and investors. But the tax-free system is changing with the start of UAE Corporate Tax on or after June 1, 2023. Businesses and other groups in the UAE now need to pay tax on their profits. This article […]
Value-Added Tax in GCC and It’s Rates – Mubarak Al Katbi
Value-Added Tax in the Gulf Cooperation Council and Its Rates The Gulf Cooperation Council (GCC) is a group of Arab countries in the Persian Gulf, except Iraq. These countries are Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar. The GCC was formed in 1981 to help these countries work together. The main goal […]
All About Corporate Tax in UAE – Mubarak Al Katbi
Simple Guide to Corporate Tax in the UAE In January 2022, the UAE Ministry of Finance shared that Corporate Tax would start across the UAE. This tax rule would start from June 1, 2023. The tax applies based on the business’s financial year starting after June 1, 2023. Corporate Income Tax is a direct tax […]
