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Corporate Tax in the UAE: Everything You Need to Know The UAE has long been recognized for its business-friendly environment, with no personal income tax and minimal corporate taxation. However, with the introduction of corporate tax under Federal Decree-Law No. 47 of 2022, businesses must adapt to a new financial landscape. This guide dives deep […]

Introduction Value Added Tax (VAT) is a fundamental component of doing business in the UAE, introduced in 2018 at a standard rate of 5%. While VAT ensures transparency in the economy and supports public services, businesses often face challenges in compliance and reporting. At Wisdom Consultants, we specialize in helping businesses navigate the complexities of […]