In a first, The UAE has introduced a Federal Corporate tax. The tax-haven expects businesses to start paying tax starting June, 2023. Will this force corporates to move out of Dubai? Palki Sharma brings you a report.

Gravitas: In a first, UAE introduces federal corporate tax

For the first time, the United Arab Emirates plans to impose a federal tax on corporate earnings, ending the levy-free environment that has attracted enterprises from all over the world.

No more tax-free: UAE to impose federal corporate tax for first time

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federal corporate-tax

Gravitas: In a first, UAE introduces federal corporate tax

No more tax-free: UAE to impose federal corporate tax for first time