Dubai Corporate Tax Consultants: Our company assists businesses in the UAE in complying with their corporate tax obligations. Our team of tax professionals has extensive experience in helping businesses understand and comply with the tax laws. Our Corporate tax consultants provide you with clear and current advice on business tax issues in Dubai, UAE. As a result of our experience and knowledge in this field, we are trusted by our clients with their CT compliance requirements.
Our team of experts examines your company, its products and services, and your business transactions in detail. Our company performs company tax calculations based on what we know, and we ensure that they are in compliance with the law. Since we have worked with clients in a variety of industries and are focused on achieving results, we are able to ensure that your business pays the right amount of taxes.
What is Corporate Tax?
Corporate Tax is a form of direct tax levied on the net income or profit of corporations and other businesses.
Corporate Tax is sometimes also referred to as “Corporate Income Tax” or “Business Profits Tax” in other jurisdictions.
Will UAE CT be applicable to businesses in each Emirate?
The UAE CT is a Federal tax and will therefore apply across all Emirates
Who will be subject to UAE CT?
UAE CT will apply to all UAE businesses and commercial activities alike, except for the extraction of natural resources, which will remain subject to Emirate level corporate taxation
How determine whether a legal entity has a “business” that will be within the scope of UAE CT?
All activities undertaken by a legal entity will be deemed “business activities” and hence be within the scope of UAE CT
What will the UAE CT rates be?
The CT rates are:
- 0% for taxable income up to AED 375,000;
- 9% for taxable income above AED 375,000; and
- a different tax rate for large multinationals that meet specific criteria set with reference to ‘Pillar Two’ of the OECD Base Erosion and Profit Shifting project