As the UAE implements its new Corporate Tax regime effective from June 1, 2023, one of the key planning strategies available for businesses is the formation of a “Tax Group.” Tax grouping allows multiple entities under common control to be...
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The introduction of Corporate Tax in the UAE has significant implications for professional services firms, including legal consultancies, accounting firms, marketing agencies, architecture and engineering consultancies, IT service providers, and management consultants. These businesses, which operate on intellectual capital and...