The United Arab Emirates (UAE) has long been a haven for entrepreneurs and businesses seeking a favorable tax environment. As a result, the UAE Ministry of Finance introduced Ministerial Decision No. 73 of 2023 on April 3rd, setting the conditions for small businesses to claim Small Business Relief UAE corporate tax under the new Corporate Tax Law. This ministerial decision aims to further promote UAE as the appealing destination for business growth and investment. Let’s understand more about the new regime for corporate tax Law. Also, discuss how it going to affect the small businesses in UAE. The UAE’s introduction of Small Business Relief for the corporate tax marks a pivotal moment for entrepreneurs and small enterprises seeking opportunities in establishing business in the UAE. Furthermore, this initiative opens new avenues for growth and competitiveness in the local market.