Corporate Tax is a form of direct tax levied on the net income of corporations and other businesses' profits exceeding AED375,000. Businesses will be subject to a 9% rate and those with a taxable income below this threshold will be subject to a 0% tax rate, both from the beginning of their first financial year that starts on or after 1 June 2023.

The FTA is pleased to invite you to attend one of the upcoming in-person workshops on "General Principles on Taxation of Corporation and Businesses" during which FTA representatives will provide an overview of the principles of the UAE's Corporate Tax regime and how these will be applicable across the various categories of Taxable Persons.