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Asharq Al-Awsat
Asharq Al-Awsat
Business
Abu Dahbi - Asharq Al-Awsat

UAE Issues Decree-Law Imposing a Corporate Tax

The building of the Ministry of Finance in Abu Dhabi (WAM)

The United Arab Emirates has issued a decree-law imposing a corporate tax at a 9 percent rate for taxable business income exceeding 375,000 dirhams ($102,000).

The tax will apply to all firms from June. 1 next year.

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