How can you determine if a juridical person is engaged in a “Business” covered by UAE Corporate Tax?
Unless specifically exempted, all activities conducted by a juridical person are considered “Business Activities” and fall within the scope of UAE Corporate Tax.
A “juridical person” refers to an entity that is established or officially recognized under the laws and regulations of the UAE or a foreign jurisdiction. This entity possesses a distinct legal identity separate from its founders, owners, and directors. Examples of domestic juridical persons in the UAE include limited liability companies, foundations, onshore trusts, public or private joint stock companies, and other entities with their own legal identity under UAE mainland laws or Free Zone regulations. UAE branches of domestic or foreign juridical persons are considered extensions of their parent or head office and do not have separate juridical person status.
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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?
