corporate income tax

United Arab Emirates MOF Announces Issuance of Cabinet Resolution Expanding Exemption to Certain Corporate Nonresidents

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The Emirati Ministry of Finance May 20 announced the issuance of Cabinet Resolution No. 55 of 2025, expanding the corporate tax exemption under Federal Decree-Law No. 47/2022, beyond companies established within the country. The announcement includes that the exemption is expanded to include foreign entities wholly owned by exempt entities, such as government and government-affiliated … Read more

Malaysia MOF Announces Joint Tax Incentives Package With Singapore for Investment in Advanced Sectors

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The Malaysian Ministry of Finance Jan. 8 announced the introduction of a joint tax incentive package with Singapore for investment in advanced sectors. Following the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement, the Johor State Government and the Ministry of Finance announced a new tax incentive package to attract high-value investments to Johor. … Read more