
UAE Corporate Tax – Impact of the 2022 UAE Tax Laws
On 31 January 2022, the UAE announced that it will introduce Corporate Income Tax effective from 1 June 2023. While the corporate tax law has not yet been issued, the Ministry of Finance has publicly communicated key elements of the policy. and businesses will have a minimum of 16 months to prepare before the law comes into effect.
Join our webinar with Creative Zone Tax & Accounting where we will explore these new implications and answer important questions pertaining to its impact on your business.
Forming our panel for this session are Mr. Nilesh Asher (Tax Partner, KPMG), along with Mr. Zeeshan Toor (General Manager, Creative Zone Tax & Accounting). The session will be moderated by Mr. Lorenzo Jooris (CEO, Creative Zone).
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He has significant experience in advising a wide variety of clientele spread across sectors like real estate and infrastructure, financial services, SWF/ PE, oil and gas, retail, family owned businesses, etc. on international tax matters, cross border tax structuring, M&A tax, economic substance advisory, tax governance, transfer pricing, FATCA/ CRS advisory and VAT. He has an extensive experience in helping businesses manage tax risks, effective tax rates and improve their tax processes in the ever evolving business and transactional environment.
Nilesh has extensively advised MNEs on developing tax manuals/ governance frameworks to help them shape the tax function in the current global tax environment and managing their regional/ global tax compliances including meeting BEPS Action 13 documentation requirements, or the more recent economic substance regulations. He has also advised GCC headquartered MNEs on tax structuring and foreign investment regulations requirements and tax due diligence for global acquisitions / expansions.
He serves as the lead Tax Partner on a number of key accounts and advised on a range of tax issues including international and corporate tax, transfer pricing, VAT, customs duty, and global mobility tax issues.
He started his professional career with EY in India (Arthur Andersen upto 2002) and was relocated to EY London to set up the India Tax Desk, with business development, tax structuring and foreign investment advisory responsibilities for international companies in the UK and the European region, before relocating to UAE to lead KPMG’s tax practice in the UAE.
He is a regular speaker at seminars, conferences, client workshops and various industry forums and has contributed to many thought leaderships and views on tax matters in print and television/ radio.
