Ravishanker V, Senior Manager, Audit & Taxation - Kreston Menon
Introduction In a move that has significant implications for businesses operating within UAE’s free zones, the implementation of the Corporate Tax Law through Federal Decree-Law No. 47 of 2022 issued on 1st June 2023 has ushered in a new era of taxation. This landmark...
Aravind Menon, Operations Manager - Kreston Menon
Introduction In the digital age, data analytics is rapidly transforming the business landscape. Industries worldwide, ranging from startups to multinational corporations, are harnessing data-driven insights to fuel growth, optimize operations, enhance customer...
International Accounting Bulletin
The UAE continues to implement regulations and laws that bring its accountancy sector in line with the international community. This is leading to an increase in demand for services overall, while the region is enjoying economic growth. The IMF expects the UAE’s...
Ravishanker V, Senior Manager, Audit & Taxation - Kreston Menon
Background According to the UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (UAE CT Law), businesses will become subject to Corporate Tax UAE (CT) from the beginning of their first financial year which starts on or after 1 June...
