His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, has announced a significant law that reorganizes the General Administration of Abu Dhabi Customs. This new regulation aims to enhance the operational efficiency of the customs authority and strengthen its role in facilitating trade and securing the borders...
The UAE has implemented a federal corporate tax with a standard rate of 9 percent, effective from the financial year commencing on or after June 1, 2023. This shift aims to enhance regulatory clarity, but recent alterations to reporting timelines have left many businesses scrambling to adapt. Recently, some companies in the UAE received notifications...