Upskilling for the New Tax Landscape: DIFC Academy and PwC Join Forces

The Dubai International Financial Centre (DIFC) Academy, the educational arm of the leading Middle Eastern financial hub, has announced a strategic collaboration with PricewaterhouseCoopers' (PwC) Academy Middle East. This partnership aims to equip professionals in the UAE with the knowledge and expertise necessary to navigate the country's recently implemented corporate tax regime.

The cornerstone of this collaboration is the "UAE Corporate Tax Diploma Programme." This globally recognized certification program delves deep into the intricacies of the new tax law, offering participants a comprehensive understanding of the regulations, legislative requirements, and their practical application.

The program caters to a broad audience, encompassing financial professionals, business owners, and tax practitioners both within and beyond the DIFC ecosystem. Through this initiative, participants will gain the ability to calculate corporate tax liabilities, comply with payment and filing obligations, and ensure a smooth transition into the new tax environment.

This collaboration strengthens DIFC Academy's commitment to providing high-caliber, internationally recognized programs that enhance the skillset and expertise of professionals across the financial services spectrum. The MoU follows the success of their inaugural CT workshop conducted in February, which garnered significant interest with over 780 registrations and nearly 400 attendees.

"The introduction of the corporate tax system marks a significant evolution in the UAE's business landscape," remarked a DIFC representative. "Companies operating within the country require a clear understanding of the new system, including its obligations and exemptions. Through this collaboration with PwC's Academy, DIFC is excited to provide practical guidance on effective tax planning and compliance, ultimately broadening the skillset of the UAE's financial services community."

PwC's Academy brings to the table its extensive experience and knowledge of the global tax landscape. By combining this expertise with DIFC Academy's deep understanding of the regional financial market, the program is poised to deliver unparalleled value to participants.

This partnership between DIFC Academy and PwC's Academy Middle East signifies a proactive approach to addressing the needs of the UAE's business community in the wake of the corporate tax implementation. By equipping professionals with the necessary knowledge and skills, the program empowers them to navigate the new tax environment with confidence and efficiency.

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