Yes, certain free zone companies can benefit from a 0% corporate tax rate if they meet the criteria as a “Qualifying Free Zone Person” and conduct only qualifying income activities. Otherwise, they may be subject to the standard 9% rate.
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Yes, certain free zone companies can benefit from a 0% corporate tax rate if they meet the criteria as a “Qualifying Free Zone Person” and conduct only qualifying income activities. Otherwise, they may be subject to the standard 9% rate.