Can a foreign company benefit from the Free Zone Corporate Tax regime?
Free Zone company which is a subsidiary of a foreign company can also benefit from the Free Zone Corporate Tax regime It does not matter whether : –
- Entire share capital his owned by the foreign company
- part of the share capital is owned by the foreign company
A branch of a foreign company can also benefit from the free zone tax regime.
However in either of the above cases, the relevant conditions of claiming a 0% corporate tax regime would need to be met . IN CASE YOU WANT TO EVALUATE WHETHER YOU CAN AVAIL THE 0% CORPORATE TAX BENEFIT CONTACT US TODAY .
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