The National Industries Park (NIP) organised a workshop on ‘Corporate Tax in the United Arab Emirates’ on Tuesday, May 2, 2023, aimed to prepare companies for compliance with Corporate Tax, which will become mandatory starting in June 2023.
During the workshop, NIP customers received a detailed presentation on the Corporate Tax Regime, including tax grouping and reliefs, computation of taxable income, and the set-off of tax losses, among other topics.
The workshop was held in collaboration with MMJS Consulting, a firm specialising in providing services ranging from Direct and Indirect tax, corporate finance, and accounting advisory.
