• What will the UAE Corporate Tax rates be?
The UAE Corporate Tax will be 0% for taxable income up to AED 375,000 and 9% for taxable income above AED 375,000. Seek advice from tax consultants in Dubai to accurately assess corporate tax rates.
• Will an individual’s salary income be subject to UAE Corporate Tax?
An individual’s salary and income from other employment whether received from the public or private sector will not be subject to the UAE Corporate Tax.
• Will an individual who has a commercial license to carry out business in the UAE be subject to UAE Corporate Tax?
The UAE Corporate Tax will be applied to Business income earned under a commercial license. Tax Consultants in the UAE can provide further information on this.
• Will a free zone business be subject to UAE Corporate Tax?
Companies operating in the free zones will be subject to UAE Corporate Tax. However, the government will continue to honor the corporate tax incentives given to free zone businesses that meet the regulatory requirements and do not conduct business with the mainland.
