OECD classifies UAE's Free Zone Corporate Tax regime as 'non-harmful' in BEPS review, boosting global competitiveness and investment attraction.

The Organisation for Economic Co-operation and Development (OECD) has classified the United Arab Emirates' (UAE) Free Zone Corporate Tax (CT) regime as 'non-harmful', which is part of the OECD's review of 322 taxation regimes worldwide under the Base Erosion and Profit Shifting (BEPS) Project. This classification enhances the UAE's global competitiveness and attraction of foreign investment and skilled talent.

February 09, 2024
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