Corporate tax relief extended for small businesses until 2029
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.
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The UAE has extended corporate tax relief for small businesses with annual revenue up to Dh3 million until December 31, 2029. Previously, relief was only available to businesses with revenue up to Dh375,000. The Ministry of Finance announced the decision, which allows start-ups and small businesses to be treated as having no taxable income during the period, reducing tax-compliance costs and liability.
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Reported by: The National 10 Aug 2026 Read the original ↗ More from The National →
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The National (UAE).
When was it announced?
10 Aug 2026.
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Read the original at The National: https://www.thenationalnews.com/news/uae/2026/08/10/how-uae-corporate-tax-reprieve-gives-breathing-space-to-small-businesses/
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