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welcome back everyone Michael here with offshore citizen today we are bringing you a new interesting update about the situation with the incoming corporate tax regime in UAE if youre not familiar we had some comments that started back at the start of the year they were going to be introducing a nine percent corporate tax starting around June 1st uh 2023 although not to apply basically until a little bit later but thats kind of the introduction date and there was some talk of our free zone is going to be taxable will they not be taxable who will not be taxable obviously lots of people move to UAE specifically relocating in order to try and eliminate their corporate tax obligations and so it would be a question of you know is that going away and there has been lots of different kind of speculation Etc we dont like to go on speculation we like to go on the actual fact so today Im going to talk to you about some updates they just released yesterday and hopefully you will find them usef