Dubai Chamber of Commerce workshop highlights latest developments in Corporate Tax and VAT laws

Dubai Chamber of Commerce workshop highlights latest developments in Corporate Tax and VAT laws

- Mohammad Ali Rashed Lootah: “One of the chamber’s key roles is to actively support the evolving needs of Dubai’s dynamic business community. This webinar was aimed at enhancing awareness on key legal changes that affect companies operating in the emirate and contributing towards developing a business environment conducive to sustainable growth and prosperity.”

- Attended by 220 participants, the online session provided comprehensive insights on the new Free Zone Decisions, the practical application of the General Interest Deduction Limitation Rules, and recent changes to the Value Added Tax legislation in the UAE.

Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has hosted a webinar to enhance awareness of the latest developments in the UAE’s Corporate Tax and Value Added Tax (VAT) laws among the emirate’s business community. Presented in collaboration with Grant Thornton, the workshop was attended by 220 participants and provided comprehensive insights on the new Free Zone Decisions, practical application of the General Interest Deduction Limitation Rules, and the most recent updates to VAT legislation and procedures in the UAE.

The webinar explored the implications of Cabinet Decision No. 55 of 2023 on Determining Qualifying Income, as well as Ministerial Decision No