UAE to impose 15 pc corporate tax from January

The United Arab Emirates (UAE) is poised to introduce a minimum top-up tax (DMTT) of 15 percent on large multinational enterprises (MNEs) operating in the country.

This will be implemented on or after January 1, 2025, aiming to establish



a fair and transparent system in line with global standards.

According to the Ministry of Finance, the DMTT will be imposed on MNEs with consolidated global revenue of 750 million euros or more in two out of four preceding financial years.