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Dubai News Club > Finance > 521 public benefit entities are eligible for exemption from “corporate tax”
Finance

521 public benefit entities are eligible for exemption from “corporate tax”

Press Room
Last updated: 2023/04/25
Press Room
Published: April 25, 2023
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Cabinet Resolution No. 37 of 2023 specified a list that included 521 public benefit entities eligible to benefit from Article No. /9/ of Federal Decree-Law No. 47 of 2022 regarding corporate and business tax, which is concerned with exempting those…

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11.2% growth in the emirate’s GDP during the first half
4.4 billion dirhams increase in national banks’ investments in stocks within 12 months
Sharjah attracts investments of $ 1.5 billion in the first half
10% growth in producing factories during 2022
The market is witnessing an acceleration in adopting digital solutions in money transfers

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