Dynamic Web Lab
UAE Corporate Tax 2024

Do You Owe UAE Corporate Tax?

Take this 2-minute quiz to get a general idea of whether the 9% Corporate Tax may apply to your business, or if you might qualify for exemptions.

General Guidance Only
Based on Public FTA Info
Instant Results

Important Disclaimer

This quiz provides general educational information only and is NOT tax advice. Dynamic Web Lab is a software development company, not a Tax Agency. For accurate tax guidance, please consult an FTA-approved Tax Agent or visit theFederal Tax Authority website.

Corporate Tax Readiness Quiz

Answer a few questions to get a general understanding

1

Revenue Threshold

Check if you may qualify for Small Business Relief

2

Business Location

Mainland vs Free Zone considerations

3

Activity Type

Determine if activities may qualify for 0% rate

Understanding UAE Corporate Tax

Key facts about the UAE Corporate Tax that came into effect in June 2023

9% Standard Rate

Applies to taxable income exceeding AED 375,000 for most businesses

AED 375,000 Exemption

Small Business Relief may exempt businesses with revenue below certain thresholds

0% Free Zone Rate

Qualifying Free Zone businesses may enjoy 0% on qualifying income

FTA Registration

Businesses must register with Federal Tax Authority when applicable

Annual Filing

Corporate Tax returns must be filed within 9 months of financial year end

Professional Advice

Consult an FTA-approved Tax Agent for guidance specific to your business

Frequently Asked Questions

When did UAE Corporate Tax come into effect?

UAE Corporate Tax came into effect for financial years starting on or after 1 June 2023. The first tax returns were due in 2024.

What is the Small Business Relief threshold?

Businesses with revenue of AED 3,000,000 or less can elect for Small Business Relief and be treated as having no taxable income. The AED 375,000 threshold applies to taxable income, meaning income up to this amount is taxed at 0%.

Do Free Zone companies pay Corporate Tax?

Qualifying Free Zone Persons can benefit from 0% Corporate Tax on their Qualifying Income. However, they are still subject to 9% tax on income that doesn't qualify or is derived from mainland UAE.

What are Qualifying Activities for Free Zones?

Qualifying Activities include manufacturing, processing of goods, holding shares and securities, fund management, wealth and investment management, headquarters services, shipping, reinsurance, and financing/leasing of aircraft.

Who should I consult for tax advice?

For accurate tax guidance specific to your business, you should consult an FTA-approved Tax Agent. You can find a list of approved agents on the Federal Tax Authority website at tax.gov.ae.

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