The UAE introduced Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, establishing the foundation for corporate tax law in the country. Issued on 9 December 2022, this law sets the framework for how corporate tax applies across businesses operating in the UAE.
As a registered Tax Agent, FCG supports businesses not only in understanding corporate tax law, but also in applying it correctly, ensuring that every requirement is met in line with FTA expectations.
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Corporate tax in the UAE became effective for financial years starting on or after 1 June 2023, marking a significant step in the country’s financial and regulatory landscape.
The introduction of corporate tax is part of the UAE’s broader vision to strengthen its economy and support long-term growth. By implementing a competitive and transparent corporate tax regime aligned with international standards, the UAE continues to position itself as a leading destination for business and investment. This is further supported by its strong network of double tax treaties.
As a global business hub, the UAE has designed its corporate tax system based on internationally recognized best practices. This ensures that the corporate tax regime is clear, practical, and easy for businesses to understand and apply.

