State Sourced Income

Comprehensive Guide to Corporate Tax Registration and Filing in the UAE

Comprehensive Guide to Corporate Tax Registration and Filing in the UAE

The United Arab Emirates (UAE) introduced a federal corporate tax law which came to effect on 1st June 2023. It applies to all businesses operating in the country, with some exceptions. The corporate tax rate is 9 per cent on taxable income exceeding AED 375,000. However, some businesses in the free zones may benefit from a 0 per cent…