Corporate Tax in the UAE
- > Accounting Services > Cooperate TAX
How to Setup a Corporate Tax in UAE
Here are the key steps to set up a business in a freezone.
Be conversant with the basic corporate tax framework and the rates applicable in the UAE
Choose the appropriate business structure (e.g LLC, Freezone etc )
Register your business with FTA in the UAE
That is, maintain proper accounting records and bookkeeping
Prepare and file corporate tax returns and pay taxes on time.
FREQUENTLY ASK QUESTIONS
How Much is Corporate Tax in the UAE?
All annual taxable profits that fall under AED 375,000 shall be subject to zero rate. All annual taxable profits above AED 375,000 shall be subject to 9% rate.
Is Uae Corporate Tax Free?
For licensed businesses operating on the UAE mainland, the corporate tax structure is as follows: A taxable person is subject to a 0% tax rate on taxable income up to AED 375,000. A 9% corporate tax applies to taxable income above AED 375,000.
Is It Mandatory to Register for Corporate Tax in the UAE?
As per the FTA’s Federal Decree Law 47, The corporate tax regime demands every taxable person, which includes a Free Zone Person, requires to register for Corporate Tax and get a Registration Number.
What is Qualifying Income in UAE Corporate Tax?
Any income derived by a Qualifying Free Zone Person that is subject to a 0% Corporate Tax Rate is Qualifying Income. The Qualifying Income is derived/determined by qualifying business activity or transaction conducted within the Qualifying Free Zone.
Ready to Chat With
Specialist?
Save the hassle. Let us file your LLC’s Articles of Amendment on your behalf.