Free Zone Companies - How would they be taxed finally?

The UAE's Ministry of Finance made a groundbreaking announcement of implementing Corporate Tax in the region. Corporate Tax is effective from financial years beginning on or after 1 June 2023. The UAE has undertaken this action in its attempts to adhere to global standards and to align with the OECD's Global Minimum Tax Proposal under Pillar 2.

Businesses in the UAE would need to gear up to adapt to these new changes. Companies need to evaluate the applicability of the provisions, align their structure to make it tax efficient in the UAE, and align policies for related party transactions.

Nexdigm and Achromic point bring to you a series of webinars wherein experts will decode the UAE CT Law and discuss the key provisions relevant for businesses while keeping the tax efficiency and compliance matters in mind.