Corporate Tax in the UAE

Starting 01 June 2023, the federal tax authority will levy a 9% corporate tax on net income or profit of companies and corporations on taxable income of more than AED 375,000. However, no corporate tax shall be levied on table income of up to AED 375,000. This tax will be applicable to businesses across all emirates.

Will Corporate Tax apply to free zone businesses?

UAE Corporate Tax will be applicable to free zone businesses, although there are a few exceptions.

Which businesses will have to pay corporate tax?

Businesses and individuals doing business on a commercial license in the UAE will come under corporate tax net, including businesses engaged in development, construction, management, and brokerage of real estate.

What documents do I need for corporate tax registration?

All accounting records, commercial books, and other documents related to your business activities, including profit or loss statements, balance sheets, records of fixed assets, records of salaries and wages, and all other supporting documents.