In a move to strengthen transparency and global competitiveness, the UAE Ministry of Finance unveils a new tax treatment option, advancing the nation’s commitment to building a resilient and globally aligned financial framework. The United Arab Emirates has taken a strategic step toward reinforcing its financial and tax systems by introducing a new corporate tax treatment for unincorporated partnerships. The announcement, made by the UAE Ministry of Finance, reflects the nation’s continued commitment to regulatory evolution, international standards, and economic resilience. Under the current UAE Corporate Tax Law, unincorporated partnerships are treated as tax transparent entities. This means the partnership … Continue reading UAE Introduces New Corporate Tax Option for Unincorporated Partnerships