On Tuesday, 5^th March 2024, NBF, in partnership with LSEG, hosted a Knowledge Series event focused on “UAE Corporate Tax.” The session provided the latest developments and insights on the UAE’s corporate tax law, introduced in June 2023. 

The event brought together business leaders, tax and accounting experts, and legal advisors to discuss the implications of the corporate tax law. Attendees learned the new tax regime, the challenges businesses could face, and how to best adjust their operations to ensure maximum tax efficiency. Topics covered included the effects on free zone companies, SMEs, tax-free income, and the adjustments needed for a smooth transition. Real-life examples of businesses preparing for the corporate tax were also shared. The session allowed participants to interact with the speakers and engage with peers in the industry.