UAE Corporate Tax Dubai – Various Provisions

UAE Corporate Tax in Dubai and other Emirates, is an evolving law, one that has vast implications for the business, professional and individuals working in the UAE. It  is a  direct tax levied on the net income of corporations and other businesses .

Some of the key features of UAE Corporate Tax in Dubai are as under : –

1.  Corporate Tax Rate: The UAE Corporate Tax is 9%  on businesses on income exceeding AED 375,000 .
2.  Tax-Free Zones: The UAE  free zones would continue to enjoy 0% CT on eligible income while remaining would be taxable @ 9%
3.  Double Taxation Treaties: The UAE has signed double taxation avoidance agreements with numerous countries , whose provision would override the provision of UAE Corporate Tax in Dubai
4. No Withholding Tax:  At present,  UAE  has not imposed withholding taxes on payment of dividends, interest, or royalties for cross-border or local transactions.
5.  Economic Substance Regulations : The UAE introduced economic substance regulations which would continue to apply to business, until further notice .
6. No tax on individual : Unless the individual carries on business, there is no tax on  employment or passive income of individuals in the UAE.
7. Small business Relief : – Business with revenue upto AED 3 million are exempt from UAE Corporate Tax, subject to certain conditions.
8. Anti Abuse Rules – UAE CT has provision relating to Anti Abuse Regulations

There are various provisions under the UAE Corporate Tax law, that impact business. For the benefits of our readers, we have analysed these provisions through various Article that are summarised as under in different Article : –

Taxable Person and Corporate Tax Base under UAE’s Corporate Tax Law

UAE Small Business Relief – Article 21 of the UAE Corporate Tax Law

Calculating Taxable Income under the UAE Corporate Tax Law

Calculation of UAE Corporate Tax Payable

Anti-Abuse Rules under UAE Corporate Tax

Reliefs under UAE Corporate Tax Law

BEPS and the UAE Corporate Tax Regime

Registration and Deregistration under UAE Corporate Tax

UAE Corporate Tax Update: Deregistration Timeline

Tax Returns and Clarifications under UAE Corporate Tax law

Participation Exemption – UAE CT Update

UAE Audited Financial Statements: UAE CT Update

Update- UAE Transfer Pricing Documentation

UAE Corporate Tax – Taxation of Non Residents

Cabinet Resolution on Tax Residency in the UAE

Payment and Refund of UAE Corporate Tax

Qualifying Income for Qualifying Free Zone Person – UAE CT Update

Limitation of Deduction of Interest under UAE CT

Corporate Tax Rate in UAE

https://sortingtax.ae/transitional-rules-uae-corporate-tax-update/

UAE Corporate Tax Law Procedures

UAE Corporate Tax Law and Updates 2023

Change in Tax Period: UAE CT Update

Transfer within the same Qualifying Group – UAE CT Update

Exemption and Registration – UAE CT Update

Qualifying Public Benefit Entities- UAE CT Update

Tax Group – UAE CT Update

Update: Exemption from Tax Registration under UAE Corporate Tax Law

Taxation of UAE Companies and other Legal Person

Closing Provisions under UAE Corporate Tax

Private Pension and Social Security Fund – UAE CT Update

Accounting Standards – UAE CT Update

Unincorporated Partnerships, Foreign Partnerships, and Family Foundations

General Definitions under UAE Corporate Tax Law

The official website of the Mof wherein all the law provision are available is https://mof.gov.ae/corporate-tax/