The United Arab Emirates (UAE) stands out as a global business hub with its attractive tax environment, characterized by the absence of corporate income tax for most businesses. This tax-friendly regime has been a significant driver of foreign investment and economic growth in the region. While there is no general corporate tax, specific sectors such as oil and gas may be subject to taxes and royalties. Additionally, companies operating within free zones may encounter unique tax frameworks tailored to promote investment within those zones. Furthermore, the introduction of Value Added Tax (VAT) in 2018 at a standard rate of 5% has provided a new revenue stream for the government while maintaining a competitive tax landscape. Overall, the UAE’s corporate tax policies contribute to its status as a favored destination for businesses seeking favorable tax conditions and opportunities for expansion in the Middle East.