At RVG, we provide comprehensive Corporate Tax Consultant services in Dubai for businesses operating in the UAE. Since the UAE introduced corporate tax, many companies face new challenges in tax planning and compliance. Therefore, our experienced Corporate Tax Consultants in Dubai offer clear guidance and practical solutions. In addition, we apply our in-depth knowledge of UAE tax regulations to help you optimize your tax position. We also ensure that your business meets every compliance requirement with confidence.
Corporate Tax Consultation & Advisory
The standard corporate tax rate is 9%. However, certain businesses enjoy exemptions or reduced rates.
Natural persons and juridical persons: 0% for taxable income up to AED 375,000, and 9% for income exceeding AED 375,000.
Qualifying Free Zone Persons: 0% on qualifying income and 9% on taxable income that does not qualify, as specified in Cabinet Decision No. 55 of 2023.
Corporate tax applies from either 1 June 2023 or 1 January 2024, depending on the financial year your business follows.
UAE Corporate Tax applies to all UAE businesses and commercial activities. However, businesses involved in extracting natural resources remain subject to Emirate-level corporate taxation.
Automatic exemptions:
The UAE Federal and Emirate Governments, their departments, authorities, and public institutions.
Companies wholly owned and controlled by a Government Entity carrying out a mandated activity, as listed in a Cabinet Decision.
Businesses engaged in UAE natural resource extraction or related non-extractive activities, subject to Emirate-level taxation and certain conditions.
Qualifying Public Benefit Entities listed in Cabinet Decision No. 37 of 2023 or subsequent relevant decisions.
Exemptions upon FTA approval:
Qualifying Investment Funds that meet the prescribed conditions.
Public or private pension or social security funds meeting Ministerial Decision No. 115 of 2023 requirements.
UAE juridical persons wholly owned and controlled by certain exempted entities performing activities listed in paragraph (h) of Clause 1, Article 4 of the Corporate Tax Law.
You must submit the Corporate Tax Return within 9 months after the end of your tax period.
The required information includes financial statements, income and expense records, and other relevant documentation.
Penalties for late filing or non-compliance can include fines, interest, and potential legal action.
