What is Fed Decree-Law No. 47 of 2022 in UAE corporaTe LAW
UAE Federal Decree-Law No. 47 of 2022 introduces a federal corporate income tax (CIT) for the first time outside of oil and foreign bank sectors. It imposes a 0% tax on annual profits up to AED 375,000 and 9% on profits above that threshold, with special 0% rates for qualifying Free Zone income. The law