Dubai Chambers organises 15 Corporate Tax workshops for more than 2,000 companies

  • Date: 30-Aug-2023
  • Source: Emirates News Agency
  • Sector:Financial Services
  • Country:UAE
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Dubai Chambers organises 15 Corporate Tax workshops for more than 2,000 companies

DUBAI, 30th August, 2023 (WAM) -- Dubai Chambers has announced that more than 2,000 businesses have participated in a series of workshops designed to raise awareness on Corporate Tax.

The sessions were organised as part of Dubai Chambers’ efforts to enhance the local business community’s understanding of the latest legal developments and support companies in adequately preparing for compliance with the UAE’s Corporate Tax Law.

Since the issuance of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, Dubai Chambers has organised a total of 15 educational and awareness workshops on Corporate Tax in cooperation with key government agencies, as well as leading law and consulting firms.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said, “Dubai has one of the world's most dynamic and resilient economies. We believe the competitive Corporate Tax rate and flexible regulations will allow businesses to grow and invest for the future while supporting Dubai's economic diversification agenda.

Our Corporate Tax workshops are designed to educate the emirate’s business community on matters that directly impact their operations and investments to ensure they are taking full advantage of the various benefits and relief available to them, while at the same time preparing them to