UAE Corporate Tax Law No 47 of 2022

On October 3, 2022, the United Arab of Emirates (“UAE”) has issued its long anticipated Federal Decree-Law No. 47 of 2022 on the taxation of corporations and businesses (“Corporate Tax Law” or “Law”). The Law comes into effect 15 days from its publication in the official Gazette and applies to Tax Periods commencing on or after 1 June 2023, according to Article 69. Read more…