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  The introduction of UAE Corporate Tax (CT) in 2023 marked a major shift for businesses in the UAE. With this new regime, companies now need to follow strict tax rules—but they also have access to several exemptions and deductions. One of the most useful among them is the Participation Exemption. If your company earns...

The UAE’s introduction of Value Added Tax (VAT) in 2018 marked a significant shift in the region’s business landscape. While the standard 5% rate remains competitive globally, compliance requirements are stringent. At Philip McMillanWoods, we understand that navigating VAT regulations can be challenging for businesses of all sizes. This guide outlines proven strategies for maintaining compliance while highlighting common...