UAE Announces Tax-free Status

The United Arab Emirates has announced its plans of introducing a 9 percent federal corporate tax on profits made by businesses starting from June 2023.

The government’s announcement is its latest step in dismantling a ley-free regime that has contributed significantly to attracting businesses from around the world to the UAE.

On Monday, a state-run news agency announced that the corporate tax won’t be applicabl....

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Tags : United Arab Emirates, Tax-free, Saudi Arabia, Finance,

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Published On 01 Feb 2022 12:38 PM

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