What is the impact of corporate tax in UAE?

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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How does corporate tax affect UAE business?