- Resident Taxable Persons:
All businesses and entities considered residents of the UAE are subject to corporate tax. This includes companies established in the UAE mainland, branches of foreign companies, and other legal entities conducting business within the country. - Qualifying Free Zone Persons:
Entities operating within designated Free Zones are also liable for corporate tax. To benefit from specific tax regimes, these entities must meet the Free Zone criteria, such as adhering to economic substance regulations and ensuring their operations align with Free Zone requirements. - Entities with Taxable Income Above AED 375,000:
Corporate tax applies to entities whose taxable income exceeds AED 375,000. Income up to this threshold is tax-exempt, while income above it is subject to a standard rate of 9%. - Government-Related Entities:
Certain government-related entities may be subject to corporate tax depending on their activities and operations. This includes entities that operate commercially or engage in activities outside of their governmental functions. - Specific Sectors and Activities:
Businesses engaged in specific sectors, such as oil and gas, and financial services like foreign banks, may have tailored tax treatments or specific regulatory requirements. - Entities with Foreign Income:
Entities with foreign income may be subject to corporate tax based on the nature of their income and compliance with international tax agreements and regulations.
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