Investment aims to boost local food supply and support UAE’s food security goals
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2023 will be an instrumental year for UAE businesses on multiple fronts. The global economy, regulatory laws and technological developments will pose interesting challenges to all businesses, whether small or big. The growing scope of taxation and compliance in the UAE will stand out as another important aspect for businesses.
We have had ‘Tax Conversations’ on important tax developments throughout 2022. In 2023, we will continue to focus on explaining the laws in easy-to-understand manner, addressing business challenges and discuss policy developments with insights from international jurisprudence. ‘Tax Conversations’ will also evolve as the year progresses.
As we start the new year, here is a quick checklist for you to prepare for the year ahead:
1.Corporate Tax:
2.Transfer Pricing
3.Free Zone
4.VAT
5. Custom
6. Accounting
7. Tax Strategy for 2023
Taxation is as much fun as it is important for businesses continuity. With a promise to keep engaging in interesting conversations, we leave you today with the above checklist and the best wishes for a happy new year.
(Pankaj S. Jain is the managing director of AskPankaj Tax Advisors. For feedback and queries, you may write to info@AskPankaj.com. Views expressed are his own and do not reflect the newspaper’s policy.)
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