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Corporate Tax in UAE

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The Corporate tax in UAE was introduced on 1st June 2023 by the UAE authorities. The law specifies that every business entity or individual operating in the UAE that is eligible for taxes would be subjected to a 9% corporate tax. The rule was implemented to strengthen the country's status as a leading global hub for investment and accelerate the strategic goal towards development and transformation. Furthermore, it would help the country meet international standards for tax transparency and combat harmful tax practices. If you have any further queries regarding Corporate Tax in the UAE, reach out to the tax consultants at Shuraa Tax.
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