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February 1, 2022

UAE to introduce 9% corporate tax on business profits from June 1, 2023

Statutory tax rate of 9% makes it ‘among most competitive’ in world, says finance ministry Dubai: the UAE Ministry of Finance will introduce a corporate tax on business profits on financial years starting on or after June 1, 2023. The Ministry also confirmed that there will be no tax on profits of up to Dh375,000,...
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