The United Arab Emirates (UAE), long celebrated for its business-friendly environment, is preparing to implement a significant tax reform. As the UAE to impose 15% tax on multinational companies starting January 1, 2025, large multinational companies (MNCs) operating in the UAE will face a 15% corporate tax, while regular businesses will continue to enjoy the standard 9% rate. This landmark move ensures that the UAE aligns with international tax standards and creates a fairer business landscape for global corporations.
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