

Fikra Forum
Fikra Forum
The UAE Formally Ceases to be a Tax-Free Haven
The United Arab Emirates (UAE) recently announced a 9% corporate tax on businesses set to begin in June 2023. The corporate tax is the latest alteration to the country’s former lack of taxation, after having first introduced a 5% value added tax (VAT) in 2018.
Feb 14, 2022
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- Sana Quadri
- Hamdullah Baycar