What is UAE Corporate Tax ?
UAE Corporate Tax is a direct tax , i.e a tax, whose burden is borne by the person who pays such tax to the Government . It is also referred to as “Corporate Income Tax” or “Business Profits Tax” in some cases
UAE Corporate Tax is levied on profits of the companies and other businesses. For example, UAE Corporate Tax may be payable by following : –
- Mr Ahmed, carrying out business of manufacturing goods in Mainland UAE ;
- Permanent Establishment of XYZ Singapore Pte Limited in UAE, earning business income ;
- ABC LLC, a non-qualifying Free Zone Company, earning non-qualified income.
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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?
