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UAE Specifies Categories of Businesses or Business Activities Conducted by Natural Persons that are Subject to Corporate Tax

22 May 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. 49 of 2023 on the categories of businesses or business activities conducted by resident or non-resident natural persons that are subject to corporate tax. --- Ministry of Finance Announces Issuance of UAE Cabinet Decision on Treatment of Natural Persons Undertaking a Business or Business Activity The Ministry of Finance announced the issuance of UAE Cabinet Decision No. (49) of 2023 on the treatment of resident and non-resident individuals undertaking a business or business activity, for the Corporate Tax Law purposes. His Excellency Younis Haji Al Khouri, Undersecretary...