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 .
CONTACT US FOR TAX CONSULTANCY
Master UAE Corporate Tax: Explore our course!
Related Content for UAE Corporate Tax
Are Free Zone companies in UAE liable to Corporate Tax ?
Free Zone has distinct taxation system based on Qualifying Income and Excluded Income. It is therefore essential to know the kind of income taxable under UAE Corporate Tax Law for Free Zone companies.
Can you Split up your Business to claim Small Business Relief in the UAE?
If your business exceeds the Revenue Threshold limit for Small Business Relief, can you split up your business to claim Small Business Relief as per UAE Corporate Tax Law or will it constitute a Tax Crime punishable under the UAE Tax Procedures Law?
Who is a Taxable Person under UAE Corporate Tax Laws?
Are you a Taxable Person liable for Corporate Tax under the UAE Corporate Tax Law? Can an Exempt Person be considered as a Taxable Person?
