Corporate Tax
Expert guidance, compliance, tax planning, optimization, and timely filing for comprehensive corporate tax services.
- Completion of your quarterly returns
- Unlimited help and advice
- Annual tax efficiency reviews
- Regular review and business recommendation
- Compiled and submitted to inhouse management and Authorities (If required)
What is the process at Finhub to complete your accounts?
Corporate Tax is a form of direct tax levied on the net income of corporations and other businesses.
| 0% Tax Rate | 9% Tax Rate |
| Taxable income not exceeding AED 375,000 | Taxable income exceeding AED 375,000 |
| Qualifying Income of a Qualifying Free Zone Person | Non-Qualifying Income of a Qualifying Free Zone Person |
There is no registration threshold for UAE CT.
Yes. Taxpayers will be required to register for UAE CT (and update their details, if required), even if they are already registered for VAT.
- Copy of Trade License (must not be expired).
- Passport copy of the owner/partners who own the license (must not be expired).
- Emirates ID of the owner/partners who own the license (must not be expired).
- Memorandum of Association (MOA) – Or – Power of Attorney (POA)
- Concerned person’s contact details (Mobile Number and E-mail).
- Contact details of the company (complete address and P.O. Box).
- Corporate Tax Period.
6. If a business has earned taxable income of AED 1 million, what will be the UAE CT amount payable?
The CT liability will be calculated as follows:
- Taxable income of AED 375,000 (amount to be confirmed in a Cabinet Decision) subject to CT at 0%: AED 375,000 x 0% = AED 0
- Taxable income exceeding AED 375,000 (amount to be confirmed in a Cabinet Decision) subject to CT at 9%: (AED 1,000,000 – AED 375,000) = AED 625,000 x 9% = AED 56,250
The UAE CT liability for the Tax Period will be AED 0 + AED 56,250 = AED 56,250
The final amount of UAE CT payable can be reduced by available tax credits (see below under the ‘Tax Credits’ section).
Only one UAE CT return will need to be filed per Tax Period. The CT return will generally be due within 9 months following the end of the Tax Period. No provisional or advanced UAE CT filings will be required.
Taxpayers are required to file a CT return, irrespective of whether they have made a profit or not. Taxpayers with tax losses should ensure they file a CT return to ensure that these losses can be used to reduce taxable income in future years.
