NEW UAE Corporate Tax Guide E
Book is FREE for you !
Register Corporate Tax
to avoid penalties &
ensure comply.
For a Limited Time You Can
Download our UAE Corporate
Tax Guide for Free
Prepare for taxes in the UAE by understanding the
upcoming corporate tax law effective June 2023. Get
answers to frequently asked questions to ensure
compliance with tax regulations.
- What is the United Arab Emirates' corporate tax rate?
- Which entities will be liable for Corporate Tax in the UAE?
- How does Corporate Tax apply to businesses operating in free zones?
Corporate Tax Document
What corporate tax documents are required in UAE ?
- A copy of the trade license, which should not be expired.
- The passport copies of the owner/partners must be submitted with non-expired dates for verification.
- The license holder's or owners/partners Emirates ID (must not be expired).
- A Power of Attorney (POA) or Memorandum of Association (MOA).
- The phone number and email address of the concerned individual.
- The concerned person's phone number and email address.
- Corporate Tax Period
who must register for corporate tax in UAE?
- Legal entities established or recognized by the relevant legislation in the United Arab Emirates, including Free Zone Entities, such as limited liability companies, private or public joint stock companies, or other entities with limited liability.
- Limited liability companies, private or public joint stock companies, and other entities with limited liability that are a part of the Free Zone are examples of legal entities that have been established or authorized by the relevant laws in the UAE.
- individual people (i.e. persons) who carry out business or engage in business activities in the United Arab Emirates in compliance with a cabinet decision issued in line with Article 11(6), and.
- Non-Resident Persons that have a Permanent Establishment inthe UAE or that earn UAE sourced income that is within the scopeof Corporate Tax.
In the United Arab Emirates, corporate tax is levied at the following rates on taxable income:.
- For taxable income up to AED 375,000, the corporate tax rate is 0%.
- Over AED 375,000 in taxable income is subject to a corporate tax rate of 9%.
- All multinational companies subject to OECD Base Erosion and Profit-Sharing laws that fall under Pillar 2 of the BEPS 2.0 framework are subject to a corporate tax rate of 15 percent. aggregate global income exceeding AED 315 billion.
Banking Departments
