UAE Corporate Tax

UAE Corporate Tax will be implemented from 1st June 2023. As a UAE commercial operation, you are obliged to comply with the prevailing legislation and submit UAE Corporate Tax returns for your financial year calculated at 9% on profits above AED375,000.

Preparation is essential to optimise your tax liability. Our consultants can provide you with the necessary assistance and guidance to ensure you benefit from all available reliefs and exemptions under the Legislation.

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Corporate Tax Registration

FTA Tax Agency support to reliably register your business individually or as a Tax Group under the FTA registration procedures.

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SME Financial & Tax Solutions

Complete outsource advisory and finance solution for small business to optimise financial reporting, VAT and UAE Corporate Tax.

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Corporate Tax Health Check

Our comprehensive 360 Corporate Tax Health Check assesses UAE Corporate Tax aspects from structuring, exemptions, systems, processes, training to transfer pricing considerations

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Transfer Pricing

Best practice guidance to define, optimise and reduce costs in your UAE Transfer Pricing model with the continuous support to maintain your transfer pricing rules.

As an FTA approved Muwafaq partner, we provide FTA Muawafaq Services. All our packages are compliant with FTA Muawafaq compliance principles.

Complete solution to manage your financial reporting to managing a start up or small business’s complete UAE accounting, VAT and  Corporate Tax obligations.

We include FTA Tax Agency professional advisory to optimise your tax obligations and a free FTA Zoho Books or QuickBooks software license to ensure your business scales seamlessly and benefits from rich reporting insights.


Is your business eligible to register and file for UAE Corporate Tax?

All businesses or individuals conducting commercial activities are subject to Corporate Tax Legislation. Corporate Tax will not apply to an individual’s salary and other employment income. However, individuals who are deriving income as a business activity would be covered under Corporate Tax.

A narrow scope of entities is exempt from Corporate Tax such as Government entities or extractive businesses (upstream oil and gas sector).

If you are not VAT registered, is registration for UAE Corporate Tax still necessary?

Corporate Tax is a distinct and separate obligation to VAT. No minimum turnover threshold is applied and you must register and fulfill your obligations under the Corporate Tax Law. VAT registration is not required to meet your Corporate Tax obligations.

Are free zones exempt from UAE Corporate Tax?

The Corporate Tax Law still applies to Free Zones and is not automatically exempt. Special rules exist for Free Zones and you may benefit from a 0% rate on qualifying income subject to meeting requirements. Only satisfying these requirements can a Free Zone company benefit from the exemptions.

How Is Corporate Tax calculated?
Corporate Tax is calculated as Final taxable income: (Net profit on worldwide income as per financial statement Less (-) deductible expenses, interest expense, depreciation, etc.
+ any adjustments to income Corporate Tax liability = A + B – Less foreign tax credit (if applicable) Final Corporate Tax payable
What type of income is exempt from UAE Corporate Tax?
Passive forms of income are exempt from CT, they include Investment in real estate, salary/ employment income, dividends, capital gains, other income earned from owning shares or other securities, interest from bank deposit/ saving schemes
What reliefs and exemptions are available?
The Corporate Tax Law provides for some exemptions and benefits subject to meeting requirements. It is advisable to seek professional advice to ensure you maximise these opportunities.
Can you include all expenses to determine your UAE Corporate Tax liability?
No. Only expenses incurred wholly and exclusively for business purposes, (and which are not to be capitalized) are deductible. Certain types of expenses are subject to limits and cannot be fully expensed.
When will your business need to file and settle your UAE Corporate Tax liability?
Corporate Tax comes into force on June 1st, 2023. Therefore if your financial year is from 1st January to 31st December, the first year for Corporate Tax is from 1st January 2024. You are obliged to file your Corporate Tax return and settle your liability 9 months following the end of your financial year.
You are a small business, does UAE Corporate Tax still apply?

Yes. The MoF has announced a small business tax relief scheme available to small businesses. Qualifying businesses as having no taxable income and being asked to undertake simplified compliance obligations.

The threshold is based on the revenue and not the profits/taxable income and is expected to be confirmed in a subsequent Cabinet Decision

Are you required to manage transfer pricing rules?

If your business conducts transactions between related parties and connected persons, you are expected to implement a formal Transfer Pricing policy and rules. This will include a Disclosure form, Master and local files detailing your formal policy, and pricing determination evidenced by empirical benchmarks.

What is GAAR?

General Anti-Abuse rule, or “GAAR” applies to situations where one of the main purposes of a Transaction is to obtain a Corporate Tax Advantage not consistent with the intention or purpose of the UAE Corporate Tax Law.

The FTA will address and counteract or adjust the transaction. The GAAR only applies to transactions or arrangements entered into on or after the date the UAE Corporate Tax Law is published in the UAE Official Gazette of 10 October 2022.


Our service delivery is controlled through our mobile app and portal. We ensure you have access to a team to collaborate and consistently execute your requirements.

Corporate Tax Resources 

Why Work With Us?

At SimplySolved, we save your time, resources, and costs. Whether you need help with Outsourced Accounting, Finance, VAT, Corporate Tax, Employee Management & Payroll, or ERP & E-Commerce Integration. we have the expertise and solutions to help.

We have worked with 100’s satisfied clients across all industries. Contact us and see how we can help your business deliver superior results and save costs.

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Whether you have an existing Accounting, Finance, VAT, Corporate Tax, Employee Management & Payroll and ERP & E-Commerce Integration function operating its own system & process, or a small or medium company needing complete outsourcing services, we have the flexibility to serve your business.

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