UAE Extends Corporate Tax Relief for Small Businesses to End of 2029
7 August 2026 | 2 months ago
The UAE Ministry of Finance said on Friday, August 7, 2026, that under Ministerial Decision No. 131 it has extended the country's small business corporate tax relief programme until December 31, 2029. Businesses with annual revenue of up to three million dirhams (about $816,880) remain eligible for simplified corporate tax compliance requirements. The ministry said small and medium enterprises make up more than 94 percent of the UAE's businesses and contribute more than 60 percent of the country's non oil GDP. The UAE has applied a standard 9 percent corporate tax rate on income above 375,000 dirhams since the financial year beginning June 1, 2023.
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