15% Minimum Tax in the UAE: Who It Affects & Why
The 15% minimum tax in the UAE is part of the OECD’s Global Minimum Tax framework (Pillar Two), designed to ensure that large multinational corporations with annual revenues over €750 million (AED 3.15 billion) pay a fair amount of tax. Effective from January 1, 2025, this tax mainly affects big businesses operating in the UAE,…