Business Description

The UAE has introduced a competitive Federal Corporate Tax (CT) Law as part of the ongoing objective to be a leading global hub for business and investments while aligning the country with the international standards for tax transparency.

As a form of direct tax, the 9% UAE CT rate is one of the lowest CT rates amongst the GCC and globally, maintaining the UAE’s attractiveness for foreign investment.

Effective from the financial year beginning on or after June 1st 2023 and applicable across all Emirates, businesses and commercial activities whose net profit exceeds the threshold of 375k AED are liable to pay 9% CT.

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