Federal corporate tax with a standard statutory rate of 9 per cent will come into effect for businesses whose financial year starts on or after June 1 this year. Chris Whiteoak / The National
Federal corporate tax with a standard statutory rate of 9 per cent will come into effect for businesses whose financial year starts on or after June 1 this year. Chris Whiteoak / The National

Business

Economy

UAE clarifies residency rules for corporate tax

Ministerial decision aims to prevent tax avoidance and double non-taxation

Deepthi Nair
Deepthi Nair

April 28, 2023