New policy aims to align tax treatment between local and foreign-owned entities tied to government bodies, investment funds, and pension systems, reinforcing the UAE’s competitive fiscal environment. UAE to Exempt Certain Foreign-Owned Entities from Corporate Tax In a strategic move to enhance tax equity and attract international investment, the United Arab Emirates Ministry of Finance (MoF) has announced a significant expansion of its corporate tax exemption policy. The new decision offers corporate tax exemptions to certain foreign-owned entities that were previously ineligible under the country’s tax framework. Effective immediately, foreign entities that are wholly owned by specific exempt bodies—including UAE … Continue reading UAE Grants Corporate Tax Exemption to Select Foreign-Owned Entities in Landmark Move