UAE To Introduce 15% Minimum Tax For Enterprises In 2025

Starting January 1, 2025, the UAE will introduce a Domestic Minimum Top-up Tax (DMTT), targeting large multinational enterprises (MNEs). This tax ensures that these companies pay a minimum of 15% effective tax on their profits, aligning with international tax standards. The DMTT applies to multinationals with global revenues exceeding €750 million (approximately AED 3 billion) in at least two of the four financial years prior to the tax’s implementation. Further details on the…