This is Why the New UAE Corporate Tax Will Not Impact Most Entrepreneurs and Investors
7 months ago
3
The UAE introduced a corporate tax for the first time in June this year. It's pegged at a low rate of 9%. There are many exemptions.
The main exemptions to the UAE corporate tax are that it's not imposed on earnings outside the UAE, which continues to be tax-free.
Income inside the UAE can be paid out in salaries and legitimate payments to UAE residents. There's no personal income tax in the UAE, and payments to residents working in the business are a legitimate deduction.
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