Are individuals liable for UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Individuals will be subject to UAE Corporate Tax if they earn an annual turnover exceeding AED 1 million from a ‘Business’ or ‘Business Activity’ in the UAE, as defined by the Corporate Tax Law and … Read more
Does the 0% Corporate Tax rate on Taxable Income up to AED 375,000 apply individually to each Taxable Person or each business? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Each Taxable Person, whether an individual or legal entity, is eligible for the 0% Corporate Tax rate on their Taxable … Read more
What are the UAE Corporate Tax rates? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course http://What%20are%20the%20UAE%20Corporate%20Tax%20rates? The applicable Corporate Tax rates in the UAE are as follows: For natural persons and legal entities A 0% rate applies to Taxable Income up to and including AED 375,000, and A 9% rate … Read more
What is a Tax Period? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Since Corporate Tax is imposed annually, the “Tax Period” refers to the financial year used for preparing financial statements. Typically, this aligns with the Gregorian calendar year (from January 1 to December 31). However, businesses may use … Read more
How are UAE Resident Persons and Non- Resident Persons subject to pay UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course UAE resident legal entities will be liable to pay UAE Corporate Tax on their earnings generated both within the UAE and overseas. However, specific types of income … Read more
Who is considered a Resident Person or Non-Resident Person for UAE Corporate Tax purposes? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course If a business is incorporated in the UAE, it will automatically be categorized as a ‘Resident’ Entity for UAE Corporate Tax purposes. Similarly, an individual conducting business activities … Read more
Will UAE Corporate Tax replace Excise Tax in the UAE? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course UAE Corporate tax cannot replace Excise Tax as both are different taxes and both the taxes apply in the UAE. Examples- UAE Corporate Tax is a form of direct tax, which is … Read more
Will UAE Corporate Tax replace VAT in the UAE? Will I have to pay UAE Corporate Tax alongside VAT in the UAE? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course UAE Corporate tax cannot replace VAT as both are different taxes and both the taxes apply in the UAE. Example … Read more
Will I have to pay UAE Corporate Tax alongside Emirate level taxes? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Businesses engaged in the extraction of the UAE’s Natural Resources and in certain non-extractive activities that are subject to Emirate level taxation will be outside the scope of UAE Corporate … Read more
Will UAE entities owned by UAE or GCC nationals be subject to UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course UAE entities owned by UAE or GCC nationals will be subject to UAE Corporate Tax. The Tax Rates will be the same for all. Example- 0% for … Read more