 |
United Arab Emirates Country Profile |
 |
Tax AdministrationBusiness Corruption
The MENA-OECD Investment Programme 2006 reports that the UAE has made significant efforts to enhance auditing standards and thereby transparency of commercial transactions. The government has in fact sought to align domestic practices to the International Auditing Standards (IAS). Frequency
The World Bank & IFC: Doing Business 2010: - A listed medium-sized company operating in the UAE must on average make 14 payments to the tax authorities every year and spend 12 hours preparing, filing, and paying taxes at a total tax rate of 14.1% of profits.
|