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UAE Cabinet Decision Establishing Executive Regulations for New Tax Procedures Law

01 August 2023

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Approved Changes

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United Arab Emirates

The UAE Ministry of Finance has announced the issuance of Cabinet Decision No. 74 of 2023, which establishes executive regulations for the new Tax Procedures Law, Federal Decree-Law No. 28 of 2022. The new law was issued on 30 September 2022 and is effective from 1 March 2023. Cabinet Decision No. 74 covers various matters, including record-keeping requirements, tax registration, deregistration, and amendment procedures, rules on legal representatives and tax agents, voluntary disclosures, tax audits, tax assessments, tax refunds, and others. --- Ministry of Finance Announces Cabinet Decision No. 74 of 2023 on the Executive Regulation of Federal Decree-Law No....