Whether foreign corporations and other legal entities subject to UAE Corporate Tax?
A foreign entity shall become liable for UAE Corporate Tax if it is effectively managed or controlled within the UAE, maintains a Permanent Establishment in the UAE, earns income originating from a nexus in the UAE, or generates income sourced from the UAE. The mere receipt of income from UAE sources alone shall not trigger Corporate Tax liability or necessitate the registration and submission of UAE Corporate Tax returns.
Income shall generally be deemed to originate from the UAE if it is derived from a UAE Resident Person, a UAE Permanent Establishment, or if it is derived from activities conducted, assets located, capital invested, or rights utilized within the UAE.
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?