Starting June 1, 2023, UAE will introduce a 9% corporate tax on adjusted accounting net profits exceeding 375,000 AED for businesses. Alfa Axis will need to file a single corporate tax return annually, without the obligation for advance payments or provisional tax returns.<\/h4><\/div><\/div><\/div>![](\"https:\/\/dev10.inserito.com\/alfa-axis\/wp-content\/uploads\/2024\/07\/service-corporate-tax-1.webp\" "\\"service-corporate-tax-1\\"")
<\/span><\/div><\/div><\/div>UAE’s new corporate tax: 0% on income up to AED 375,000; 9% above, attracting global businesses.<\/p>\n<\/div><\/div><\/div><\/div><\/div>
UAE Corporate Tax Rate<\/h4><\/div>The UAE Ministry of Finance has introduced a new corporate tax, marking a significant policy shift. The tax applies to adjusted accounting net profits exceeding AED 375,000 (USD 102,000). According to the Ministry, the tax rates are designed to be highly competitive globally:<\/p>\n<\/div>
- <\/i><\/span>\n
0% tax rate applies to taxable income up to AED 375,000.<\/p>\n<\/div><\/li>
- <\/i><\/span>\n
9% tax rate applies to taxable income exceeding AED 375,000, tailored for large international multinationals with global revenues exceeding AED 3.15 billion.<\/p>\n<\/div><\/li><\/ul>
<\/span><\/div><\/div><\/div>UAE’s new corporate tax: 0% on income up to AED 375,000; 9% above, attracting global businesses.<\/p>\n<\/div><\/div><\/div><\/div><\/div>
UAE Corporate Tax Rate<\/h4><\/div>The UAE Ministry of Finance has introduced a new corporate tax, marking a significant policy shift. The tax applies to adjusted accounting net profits exceeding AED 375,000 (USD 102,000). According to the Ministry, the tax rates are designed to be highly competitive globally:<\/p>\n<\/div>
- <\/i><\/span>\n
0% tax rate applies to taxable income up to AED 375,000.<\/p>\n<\/div><\/li>
- <\/i><\/span>\n
9% tax rate applies to taxable income exceeding AED 375,000, tailored for large international multinationals with global revenues exceeding AED 3.15 billion.<\/p>\n<\/div><\/li><\/ul>
The UAE Ministry of Finance has introduced a new corporate tax, marking a significant policy shift. The tax applies to adjusted accounting net profits exceeding AED 375,000 (USD 102,000). According to the Ministry, the tax rates are designed to be highly competitive globally:<\/p>\n<\/div>
- <\/i><\/span>\n
0% tax rate applies to taxable income up to AED 375,000.<\/p>\n<\/div><\/li>
- <\/i><\/span>
\n9% tax rate applies to taxable income exceeding AED 375,000, tailored for large international multinationals with global revenues exceeding AED 3.15 billion.<\/p>\n<\/div><\/li><\/ul>
- <\/i><\/span>