New Tax Rules? Sounds Worrying, Right?
If you’re a shopkeeper or supplier running a small hardware or building materials business in the UAE, the recent talks about corporate tax might sound a bit worrying. But there’s good news too. The UAE has clarified how small businesses can get relief from corporate tax and how interest expenses will be handled.
So, what does this really mean for someone who runs a fasteners shop in Deira or a tools store in Musaffah?
Let’s break it down in a simple way.
If You’re Small, You Might Be Exempt
Under the UAE’s corporate tax law, businesses with revenue of AED 3 million or less can apply for small business relief. This means if your total income is within that limit, you won’t have to pay corporate tax at all!
That’s a huge relief for thousands of shopkeepers and small traders — including many listed on Gulfinquiries.com.
What If You’ve Taken Loans or Credit?
Many businesses use credit lines or loans to purchase stock or import materials. The new rules also explain how interest expenses will be handled. You can still deduct these expenses, but there are some limits — mainly to avoid fake debt arrangements just to avoid tax.
But if your finances are clean and you’ve taken loans the proper way, it’s all manageable.
How to Stay Prepared — Without Complicating Things
Most shopkeepers are too busy handling sales, deliveries, and staff to sit and read tax policies. That’s where being connected with a platform like Gulfinquiries.com helps.
Not only do we promote your business through daily WhatsApp and email marketing, but we also:
- Guide small businesses on preparing for changing UAE business rules
- Connect you with active buyers and new business inquiries daily
- Help businesses like AHMAD AND KHADEEJA TRADING and POWERTEX TOOLS get discovered faster
Why Visibility is the Key Now
You might not have to pay tax, but the market is still competitive. Everyone is trying to grow, especially with the UAE becoming a stronger trade hub.
If your business is listed on Gulfinquiries.com, buyers know you’re serious, reliable, and professional. Whether you’re dealing in cutting tools like MIDLAND HARDWARE LLC in Sharjah or interior fit-outs like Section Interiors in Qusais, you’ll want to make sure people can find you and contact you instantly.
Don’t Just Wait for Customers – Let Them Find You
The government is doing its part with tax relief. Now, it’s your turn to step up your visibility and customer reach.
✅ Start with Gulfinquiries.com today.
✅ Be tax-smart. Be business-smart.
✅ And let your shop grow beyond your expectations.
