Tag: CT and VAT Difference
CT and VAT Difference
Understanding VAT vs. Corporate Tax in the UAE: A Strategic Overview with Mavish Global Advisors The introduction of Corporate Tax (CT) in the United Arab Emirates, effective for financial years starting on or after June 1, 2023, marks a pivotal shift in the country’s tax regime, following the inception of Value-Added Tax (VAT) in 2018. This development not only signifies a new chapter in the…