Effective from June 1, 2023, the UAE introduced a federal Corporate Tax (CT). A standard rate of 9% applies to taxable profits exceeding AED 375,000. This move aligns the UAE with global standards of tax transparency.

Who is subject to Corporate Tax?

The tax applies to UAE businesses, including those in free zones (with some exceptions), as well as foreign entities with a permanent establishment in the UAE. It's essential to assess your company's status and obligations under the new law.