We would like to inform you that UAE has introduced “Corporate Tax (CT)” effective for financial years starting on or after 1 June 2023 which is governed by UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses signed on 3rd October 2022.
We remind you that by September 30, 2023 all companies and other legal entities registered with the Department of the Registrar of Companies and Intellectual Property of Cyprus, will have to register in the electronic system of the Register of Beneficial Beneficiaries to avoid the imposition of penalties.
The submission of the 2022 Income Tax Return is now available through the TaxisNet platform https://taxisnet.mof.gov.cy/login.jsp as it is announced by the Tax Department
