UAE corporate tax reprieve gives 'breathing space' to small businesses
The UAE’s decision to extend corporate tax relief for small businesses until 2029 will give entrepreneurs the ability to survive regional challenges and global headwinds, business owners and experts have said. The Ministry of Finance announced last week that small businesses with an annual revenue of up to Dh3 million ($816,880) can continue to claim relief until December 31, 2029. Marie-Claire…
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