UAE Economy Minister: Some UAE Gov. Entities to Be Exempt From Corporate Tax

The video discusses the UAE's economic growth, reforms, and the introduction of a 9% corporate tax. It highlights the UAE's efforts to comply with FATF standards to exit the gray list and emphasizes the country's diversified economy and future prospects. The UAE's role in COP 28 and its climate change initiatives are also covered.

What is the expected GDP growth rate for the UAE this year according to international organizations?

• 2% to 3%

• 3% to 4%

• 7% to 8%

• 5% to 6%

What is the corporate tax rate being introduced in the UAE?

• 5%

• 9%

• 15%

• 12%

Which entities are exempt from the new corporate tax in the UAE?

• Government entities

• Private companies

• Small businesses

• Foreign investors

What is the UAE's current status on the FATF's list?

• Black List

• Green List

• Gray List

• White List

How many action items does the UAE need to address to exit the FATF's Gray List?

• 20

• 15

• 10

• 5

What has been a significant focus of the UAE's economic model in recent years?

• Attracting talent and improving quality of life

• Focusing on oil exports

• Building more seaports

• Expanding agricultural land

What is a key area of investment for the UAE in the context of global initiatives?

• Military expansion

• Climate change

• Space exploration

• Digital currency