TAX UPDATES-MARCH 2023

Dear Readers,

“Learn continually - there's always 'one more thing' to learn.”Sending wishes of a joyous and prosperous Ramadan to you and your family. I hope our Tax Update finds you in good health and in high spirits as we enter the second quarter of 2023.In today's rapidly changing business environment, it is essential that we stay informed about the latest updates in tax laws and regulations, both domestically and internationally. It is imperative that we stay ahead of the curve to ensure compliance and avoid any potential penalties.It is important for businesses to stay up-to-date with these changes and to ensure compliance with the latest regulations. This requires proactive planning and ongoing communication with tax authorities, as well as a commitment to maintaining high standards of integrity and transparency in all tax-related matters.Emirates Chartered Accountants Group takes our tax obligations seriously and strives to stay informed about the latest developments in tax regulations and compliance. We remain committed to working closely with our clients to ensure that we meet our tax obligations.Hoping that you are enjoying and learning from our monthly tax bulletin, and we look forward to continue serving the business community in the months and years ahead. Eid Mubarak in advance!

CA. Manu Palerichal

CEO & Partner