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UAE Extends Small Business Tax Support to 2029
The UAE Ministry of Finance announced the extension of the period during which small businesses can benefit from corporate tax incentives until December 31, 2029. The aim is to support entrepreneurs and strengthen the business environment in the UAE. The decision includes continued enforcement of the allowed revenue cap for small businesses at 3 million dirhams, along with simplifying compliance requirements. This move is part of efforts to promote sustainable economic development and develop a competitive tax system aligned with global best practices.
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