The UAE Ministry of Finance launched a major tax incentive allowing businesses to claim up to 50% tax credit on research and development (R&D) spending, marking one of the most significant policy moves since the introduction of corporate tax in the UAE.
The scheme, rolled out as part of the country’s broader tax framework, is designed to reduce the tax burden for innovation-driven companies while strengthening the UAE’s position as a global hub for technology, manufacturing, and advanced industries.
