How does corporate tax affect UAE business?

The Cabinet of Ministers in the UAE issued a decision that certain businesses are required to pay a 9% corporate tax. This decision is seen as a strategic step to broaden the UAE's sources of income beyond oil and at the same time, maintain its status as a regional commercial hub. For more details, you can join with YourOwn institutes, one of the best UAE corporate tax training in Dubai.

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Location: Dubai - United Arab Emirates

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What is the impact of corporate tax in UAE?

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Corporate tax implementation in the UAE propels businesses to enhance tax compliance and governance. Historically reliant on oil revenues, the nation fosters economic diversification by offering tax incentives and urging exploration in non-oil domains like technology, tourism, and renewable energy. This approach boosts the UAE's economic resilience amid global oil price fluctuations. Get trained with a UAE Corporate Tax Training in Dubai for more info.
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