{"id":7258,"date":"2025-04-20T11:09:56","date_gmt":"2025-04-20T07:09:56","guid":{"rendered":"http:\/\/dubaiintl.ae\/the-pivotal-role-of-taxation-in-the-future-engine-of-the-uae-economy\/"},"modified":"2025-04-20T11:09:56","modified_gmt":"2025-04-20T07:09:56","slug":"the-pivotal-role-of-taxation-in-the-future-engine-of-the-uae-economy","status":"publish","type":"post","link":"https:\/\/dubaiintl.ae\/en\/the-pivotal-role-of-taxation-in-the-future-engine-of-the-uae-economy\/","title":{"rendered":"The Pivotal Role of Taxation in the Future Engine of the UAE Economy"},"content":{"rendered":"

\nIn a high-level meeting held at Al-Bahr Palace in Abu Dhabi, His Highness Sheikh Mohamed bin Zayed, President of the United Arab Emirates, received His Highness Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. The meeting was also attended by His Highness Sheikh Mansour bin Zayed, Vice President and Head of the Presidential Court, and His Highness Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi.<\/p>\n

The session focused on the strategic direction of the country\u2019s economic development and the implementation of smart governance policies. It followed a recent UAE Cabinet meeting chaired by Sheikh Mohammed bin Rashid.<\/p>\n

During the discussions, the latest updates on the UAE\u2019s taxation system were reviewed. To date, over 520,000 companies have registered for corporate tax, and around 470,000 for value-added tax (VAT).<\/p>\n

Sheikh Mohammed bin Rashid emphasized, \u201cOur taxation system is a key pillar of the UAE\u2019s future economic infrastructure. Its efficiency reflects the strength of our competitive economy.\u201d According to Switzerland\u2019s IMD World Competitiveness Center, the UAE ranks 5th globally for the efficiency of its tax policies and 2nd for its efforts in combating tax evasion.<\/p>\n

The session also approved the launch of the UAE’s first integrated Legislative Intelligence System, powered by artificial intelligence. This platform is designed to accelerate the legislative process by up to 70%.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a high-level meeting held at Al-Bahr Palace in Abu Dhabi, His Highness Sheikh Mohamed bin Zayed, President of the United Arab Emirates, received His Highness Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. The meeting was also attended by His Highness Sheikh Mansour bin Zayed, Vice President and Head of the Presidential […]<\/p>\n","protected":false},"author":1,"featured_media":7256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1256,1257,1271,1269],"tags":[1259,1270,1748],"class_list":{"0":"post-7258","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dubai-international","8":"category-dubai-international-news-agency","9":"category-dubai-news","10":"category-emirates-news","11":"tag-dubai-international","12":"tag-emirates-news-dubai-news","13":"tag-the-pivotal-role-of-taxation-in-the-future-engine-of-the-uae-economy"},"yoast_head":"\nThe Pivotal Role of Taxation in the Future Engine of the UAE Economy - \u062f\u0628\u06cc \u0627\u06cc\u0646\u062a\u0631\u0646\u0634\u0646\u0627\u0644<\/title>\n<meta name=\"description\" content=\"The Pivotal Role of Taxation in the Future Engine of the UAE Economy\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dubaiintl.ae\/en\/the-pivotal-role-of-taxation-in-the-future-engine-of-the-uae-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Pivotal Role of Taxation in the Future Engine of the UAE Economy - 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