UAE Small Business Relief for Corporate Extended Through 2029

The UAE Ministry of Finance has announced the issuance of Ministerial Decision No. 131 of 2026, which extends the availability of Small Business Relief an additional three years to 31 December 2029. Small Business Relief provides that a taxpayer may elect to be treated as not having derived any taxable income for a tax period if their revenue in the relevant tax period and previous tax periods is below AED 3 million for each tax period, subject to certain conditions. In other words, taxpaye…