UAE Corporate Tax Law
UAE Corporate Tax Registration
All businesses subject to corporate tax in the UAE must register with the relevant tax authority and obtain a tax registration number (TRN).
The registration process involves submitting an application along with the required documentation, such as the company’s trade license, articles of association, and proof of residency.
ACCFIN GLOBAL CONSULTING is a leading provider of corporate tax services in the UAE and Dubai. With a team of highly experienced tax consultants in Dubai, we offer a comprehensive range of services, including audit services, internal audits, accounting and bookkeeping services, VAT services, etc.
Moreover, with a deep understanding of the local tax regulations and practices, we also provide solutions to help businesses navigate the complexities of corporate tax in Dubai. Our team of experienced tax consultants assists clients in optimizing our tax strategies, ensuring compliance with the applicable laws, and minimizing tax liabilities.
Why Do You Need Corporate Tax Services in UAE?
Businesses in the UAE require corporate tax services to ensure compliance, take advantage of tax benefits, mitigate risks, streamline processes, and receive expert guidance for strategic tax planning. Engaging professional tax consultants, audit firms, and accounting firms in Dubai can provide significant benefits and contribute to the overall financial success of Corporate Tax Impact Assessment including handling tax and reporting matters.
Applicable Rate of Corporate Tax in UAE
According to the Ministry of Finance in the UAE, the Corporate Income Tax rates are outlined as follows:
Several entities in the UAE are exempted from corporate tax. These include:
What Entities Are ‘Residents’ As Per The UAE Corporate Tax Law?
As per the Corporate Tax Law of the UAE, a resident entity refers to a company that is either registered in the UAE or has its primary management operations conducted within the country. Resident entities are obligated to pay corporate tax on their income earned worldwide. On the other hand, non-resident entities are only taxed on the income they generate from sources within the UAE.
A&A Associate LLC’s tax consultants in Dubai can help businesses determine their residency status and ensure compliance with the UAE Corporate Tax Law.
Exempted Income Under Corporate Tax In UAE
Certain types of income are exempted from corporate tax in the UAE, including:
All businesses subject to corporate tax in the UAE must register with the relevant tax authority and obtain a tax registration number (TRN).
The registration process involves submitting an application along with the required documentation, such as the company’s trade license, articles of association, and proof of residency.
ACCFIN GLOBAL CONSULTING is a leading provider of corporate tax services in the UAE and Dubai. With a team of highly experienced tax consultants in Dubai, we offer a comprehensive range of services, including audit services, internal audits, accounting and bookkeeping services, VAT services, etc.
Moreover, with a deep understanding of the local tax regulations and practices, we also provide solutions to help businesses navigate the complexities of corporate tax in Dubai. Our team of experienced tax consultants assists clients in optimizing our tax strategies, ensuring compliance with the applicable laws, and minimizing tax liabilities.
Why Do You Need Corporate Tax Services in UAE?
Businesses in the UAE require corporate tax services to ensure compliance, take advantage of tax benefits, mitigate risks, streamline processes, and receive expert guidance for strategic tax planning. Engaging professional tax consultants, audit firms, and accounting firms in Dubai can provide significant benefits and contribute to the overall financial success of Corporate Tax Impact Assessment including handling tax and reporting matters.
Applicable Rate of Corporate Tax in UAE
According to the Ministry of Finance in the UAE, the Corporate Income Tax rates are outlined as follows:
- There is no Corporate Income Tax applied to taxable income up to AED 375,000.
- For taxable income exceeding AED 375,000, a Corporate Income Tax rate of 9% is applicable.
- Large companies that satisfy certain criteria associated with Pillar Two of the OECD Base Erosion & Profit-Sharing Project, such as having global revenue surpassing 750 million or AED 315 billion, will be subject to a separate tax
Several entities in the UAE are exempted from corporate tax. These include:
- Wholly owned government entities
- Non-profit organizations (subject to conditions)
- Certain types of investment funds
What Entities Are ‘Residents’ As Per The UAE Corporate Tax Law?
As per the Corporate Tax Law of the UAE, a resident entity refers to a company that is either registered in the UAE or has its primary management operations conducted within the country. Resident entities are obligated to pay corporate tax on their income earned worldwide. On the other hand, non-resident entities are only taxed on the income they generate from sources within the UAE.
A&A Associate LLC’s tax consultants in Dubai can help businesses determine their residency status and ensure compliance with the UAE Corporate Tax Law.
Exempted Income Under Corporate Tax In UAE
Certain types of income are exempted from corporate tax in the UAE, including:
- Wholly owned government entities
- Non-profit organizations (subject to conditions)
- Certain types of investment funds
