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New Dubai 9% corporate tax on profits. What to expect?

Aram GrigorianSenior Property Consultant
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New Dubai 9% corporate tax on profits. What to expect?

On January 31, 2022, for the first time in the history of the UAE, a 9% tax on corporate income was announced.

Why did this happen right now and how can it affect the Dubai real estate market?

We are discussing with Ax Capital experts Aram Grigoryan and Head of Sales at Ax Capital, Hisham El Assaad.

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