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More firms exempted from UAE corporate tax
Gulf News
|May 21, 2025
The UAE is making it easier for businesses and certain entities to navigate the country's new corporate tax system, with fresh changes announced to widen tax exemptions and reduce financial penalties.
The Ministry of Finance announced that some foreign companies if fully owned by UAE government entities, investment funds, or public pension funds can now qualify for corporate tax exemption. This was not allowed before, even if these foreign firms operated in the UAE through local branches.
This story is from the May 21, 2025 edition of Gulf News.
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