Tag: Place of Effective Management

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Importance of Place of Effective Management for Global Businesses in 2024

Importance of Place of Effective Management for Global Businesses in 2024

The Place of Effective Management (PoEM) is a key concept in international tax law, determining where a company is considered resident for tax purposes. In the context of the UAE, understanding PoEM is crucial for both UAE based companies and foreign companies with operations in the UAE, especially considering the UAE’s tax laws and its…