Skip links
A person using a laptop and calculator and sharing information on corporate tax guide

UAE Corporate Tax – Simplified Guide



When it comes to Corporate tax in the United Arab Emirates, for those who are looking to setup their businesses, must understand the basic corporate tax terms and circumstances

UAE Ministry of Finance announced the implementation of corporate tax on Business Net Profits (No on Revenue/ sales) in January 2022. Corporate Tax applies to all UAE Emirates. Corporate Tax (CT) is Direct tax levied on the Net income of corporations and other businesses. CT is also referred to as “Corporate Income Tax” or “Business Profits Tax”. CT different Tax from VAT, Excise Tax and Customs Duty.

Corporate Tax Important Dates to keep in mind

Corporate Tax Important Dates to keep in mind

Effective Date / Implantation from:

UAE CT is effective for financial years starting on ‘or’ after 1 June 2023. (Article 69) Tax Period (article 57): The financial year of a taxable person shall be Gregorian Calendar year ‘or’ 12 month period

Example: (1) A business that has a financial year starting on 1 July 2023 and ending on 30 June 2024 will become subject to UAE Corporate Tax from 1 July 2023 (which is the beginning of the first financial year that starts on or after 1 June 2023).

(2) A business that has a financial year starting on 1 January 2023 and ending on 31 December 2023 will become subject to UAE CT from 1 January 2024 (which is the beginning of the first financial year that starts on or after 1 June 2023).

You check in company Memorandum of Association or Previous Audit report to find out the Financials year of your business.

Few Examples on CT Applicability and Return file & Payment:

i). Company Financials year start 01st Jan,2023 to 31st Dec,2023

  • Corporate Tax Apply period start from:  January, 2024 to December, 2024
  • Corporate Tax Return file due date: 30/09/2025
  • Corporate Tax Payment due date: 30/09/2025

ii). Company Financials year start 01st July,2023 to 30th June,2023

Corporate Tax Apply period start from:  July, 2023 to June, 2024
Corporate Tax Return file due date: 31/03/2025
Corporate Tax Payment due date: 31/03/2025

iii). Company Financials year start 01st April,2024 to 31st Mar,2025

Corporate Tax Apply period start from:  April, 2024 to Mar, 2025
Corporate Tax Return file due date: 31/12/2025
Corporate Tax Payment due date: 31/12/2025

iv). Company Financials year start 01st Oct,2023 to 30th Sept,2024

Corporate Tax Apply period start from:  Oct, 2023 to Sept, 2024
Corporate Tax Return file due date: 30/06/2025
Corporate Tax Payment due date: 30/06/2025

v). Company Financials year start 01st Aug,2023 to 31st July,2024

Corporate Tax Apply period start from:  Aug, 2023 to July, 2024
Corporate Tax Return file due date: 30/04/2025
Corporate Tax Payment due date: 30/04/2025

For whom UAE Corporate Tax is applicable?

To know how corporate tax applies to your business in UAE and to stay updated on Corporate Tax, Follow the details given below.

UAE Corporate Tax Applies to:

CT imposed on a Taxable person. Taxable person shall be either Resident Person ‘Or’ Nonresident Person. (Article 11) Resident person is a Juridical Person that is incorporated / Established in the UAE including Free Zones. Non-Resident Person (Foreign Resident) Persons that have a permanent establishment in the UAE. Individuals will be subject to CT only if they are engaged in a business or business activity in the UAE, either directly or through an unincorporated partnership or sole proprietorship. UAE resident juridical persons will be subject to UAE CT on their income source from both the UAE and from abroad, a relief for income taxes paid in the foreign jurisdiction can be taken as a credit against the CT payable in the UAE on the relevant income to prevent double taxation.

UAE Corporate Tax Not Applies to:

Exempt persons from CT: (Article 4) (a) Government Entity (b) Government Controlled Entity (c) Extractive Business (d) Non-Extractive Business (‘e) Qualifying Public Benefit entity (f) Qualifying investment fund (g) Public / Private Pension and social security fund etc., (to exempt from CT persons must come across conditions specified in Decree law

All Important Corporate Tax Sections

All Important Corporate Tax Sections

UAE Corporate Tax (CT) Rate: (article 3)

i) All Entities: Taxable income up to AED. 375,000 – 0% Taxable income above AED. 375,000- 9%

ii) Qualifying Free zone: Qualifying income – 0% Not Qualifying income – 9%

(Qualifying free zone, Qualifying income & not Qualifying income are subject cabinet decisions)

Corporate Tax Registration not required for

i) Government Entity

ii) Government controlled entity

iii) Person engaged in an Extraction business (subject to conditions)

iv) Person engaged in a Non-Extraction Natural Resource business (subject to conditions)

v) Non-Resident person derives only State Sourced Income and does not have Permeant Establishment in UAE (subject to conditions)

Corporate Tax – Taxable Income: (Article 13)

Taxable income sourced from state (UAE) includes:

(i) Sale of Goods

(ii) Rendering Services

(iii) Performing contract

(iv) Income from movable / immovable property in UAE

(v) Disposal of Shares or Capital

(vi) Income from use of Intellectual or intangible property

(vii) Interest Receipts*

(viii) Insurance or reinsurance* (* Subject to certain conditions)

UAE Corporate Tax Exempt Income: (Article 22) Following income

(i) Dividends and other profits distributions

(ii) Income from participating interest

(iii) Income of foreign Permanent establishment

(iv) Non-Resident person operating Aircraft or ships in international transportation (Exempt Income & Expenses related to Exempt income shall not be consider in determine the Taxable income)

UAE Corporate Tax 100% Deductible Expenditure: (Article 28)

All Expenditure incurred wholly or exclusively to derive Taxable income, Expenditure in Capital Nature, recognized by way of depreciation over life of asset, Expenditure incurred for Both Personal and Business Purposes, then allowed based on fair and reasonable business expenditure.

UAE Corporate Tax 100% NON-Deductible Expenditure: (Article 33)

Donations, Grants, Gifts, Bribe, illegal Payments, Fines, Penalties (except breach of contract), Dividend and profit distribution, Partner’s personal withdrawals, Corporate Tax, VAT, Tax paid in outside UAE, Other expenditure decision issued by the Authority.

UAE Corporate Tax 50% NON-Deductible Expenditure: (Article 32)

Any entertainment, amusement or recreation expenditure incurred for Taxable Person’s Customer, shareholders, suppliers, business partners. Expenditure includes but not limited to: meals, accommodation, transportation, admission fees & such other expenditure specified by minister.

UAE Corporate Tax General Interest Expenditure Deduction: (Article 30)

Net interest Expenditure shall be deductible up to 30% of EBITDA (Earnings Before Interest Depreciation, Amortization). Balance interest carryforward to subsequent 10 years. This provision not apply to: Banks, Insurance providers and any other person determined by authority.

Corporate Tax Relate Party Interest Expenditure Deduction: (Article 31)

100 % Allowed. Except Loan obtained directly or indirectly from related party for: Dividend, profit distribution, redemption, repurchase, return of share capital, capital contribution, acquisition of ownership interest etc., with Related party.

Corporate Tax rules on Payment or Benefits to Owners, Directors or Officers: (Article 36)

Any Payments or Benefits to Owners, Directors ‘Or’ Officers deductible as Expenses subject to: (i) It is incurred wholly or exclusively for business purposes (ii) Corresponds with the Market value of the services An owner of the Taxable person is any Natural Person who directly or indirectly owns an ownership interest in Taxable person or control such taxable person. This provision not applies if Taxable person shares listed in Recognized Stock exchange. If any Expenses deducted without follow Article 36, the Authority shall make a corresponding adjustment to Taxable income.

Related Parties: (Article 35) Means

(i) Two or More Individuals Through Fourth Degree of kinship or affiliation including by way of adoption or guardianship. (ii) Natural Person and Juridical Person or Two or more Juridical persons by along or together, directly or indirectly: (a) 50% or More Ownership, (b) 50% or More Voting Rights (c) 50% or More Board of Directors (d) 50% of More Right to Received Profits (‘e) Significant influence over the conduct of business affairs (iii) Permanent Establishment (iv) Trustee, founder, settlor or beneficiary of a trust.

UAE CT Rules on Transactions and Arrangements between Related Parties / Inter company’s / Group companies: (Article 34)

Transactions and Arrangements between Related Parties Must meet the Arm’ Length Principles (ARP).  Its Value Must be determined by applying One or Combinations of the following Transfer Pricing Methods: (i) Comparable Uncontrolled Price Method (ii) Resale Price Method (iii) Cost plus Method (iv) Transactional Net Margin Method (v) Transactional Profit Split Method.
Authority makes an adjustment to the Taxable Income, if Transactions or Arrangement between Related Parties Does not fall within the Arm’s Length range.

Corporate Tax Group: (Article 40)

A Resident Person (Parent Company) with one or more Resident Persons (Subsidiaries) can make an Application to Authority to form a Tax Group, subject to following Conditions: (a) Both Juridical Persons (b) Parent company owns at least 95%, either directly or indirectly, through one or more subsidiaries Share Capital, Voting Rights, Profit and Net Assets in Subsidiaries. (‘c) Neither Parent nor Subsidiary is: an exempt person / Qualifying Free Zone Persons. (d) Both have same financial year and use same accounting standards.

Tax Group is treated as single Taxable person, represented by the Parent Company. The Parent and subsidiaries shall remain responsible for complying the Corporate Tax Provisions. New subsidiary can join existing Tax Group through application to authority by Parent company and subsidiary. Subsidiary can leave Tax Group through application to authority by Parent company and subsidiary. Tax Group shall cease to Exist through application to authority by Parent company and subsidiary.  Parent company can make application to Authority to replace another parent company without a discontinuation of the Tax Group.

Taxable Income of a Tax Group: (Article 42)

Parent company prepare consolidated the Financials Results, Assets and liabilities for the Tax period by eliminating Transaction between Tax group. Tax Group must prepare consolidated financial statement in accordance with Accounting Standards applies in the state. While Calculating Taxable Income of Tax Group below needs to consider:  Unutilized tax loss of a subsidiary that joins a tax group , Unutilized tax loss of Tax Group on joining of new subsidiary. Leaving of subsidiary from Tax Group, On cessation of tax group unutilized tax loss, Assets and Liability transfer between Tax group.

Date of Formation and Cessation of a Tax Group: (Article 41)

Tax Group shall be formed ‘or’ a new subsidiary join an existing Tax Group ‘or’ subsidiary leaving Tax Group from beginning of the Tax period specified in the application submitted to authority or from the beginning any other tax period determined by the Authority.

UAE Corporate Tax on Branches:

UAE branches not separate legal juridical person. UAE Branches not required separate UAE CT registration and file Tax return it includes in UAE Head office or Parent company registration. UAE Branches taxable income will be included in Taxable income of UAE Head office or Parent company. Foreign Branches or Foreign Permanent establishment of UAE Head office or Parent company will include in UAE Head office or Parent company registration. Income of Foreign branches or Foreign Permanent establishment taxable income will include in UAE Head office or Parent company. CT Payable on Foreign Branches or Foreign Permanent establishment taxable income will be reduced by Tax paid on relevant income in foreign jurisdiction. UAE Head office or Parent company elects to claim an exemption for its foreign branch profits subject branch profits subject to tax in foreign jurisdiction.

UAE Corporate Tax – Currency Rules: (Article 43)

All Transactions must be Quantified in UAE Dirhams. Any other currency must be converted at the applicable exchange rate as per central bank of UAE.

Corporate Tax Returns File & Tax Payments: (Article 48 & 53)

Corporate Tax Returns must file and make CT Payment within 9 (Nine) Months from the relevant tax period or directed by authority. CT Return file required Once in year.

UAE Corporate Tax – Withholding Tax (WT) Credit Rules: (Article 45 &46)

WT is form of CT collected at Source by the payer on behalf of recipient of the income. WT apply to cross-border payment of dividends, interest, royalties and other types of income. 

0% WT may apply to certain types of UAE sourced income paid to Non-Residents. WT does not apply to transactions between UAE resident persons. CT due can be reduced by WT Credit for that period. Any excess WT credit for tax period shall be refunded to the taxable person.

Corporate Tax (CT) Refund: (Article 49)

CT Refund below circumstances:

(i) Excess WT Credit available
(ii) CT Paid excess by Taxable person subject to Authority satisfy.

Taxable person make application to authority and authority issue to notice to taxable person for refund

Corporate Tax Deduction -Foreign Tax (FT) Credit: (Article 47)

FT Paid on income that is also subject to UAE CT can be deducted as a FT Credit from UAE CT Payable. The Maximum FT credit is the Lower of the FT paid and the UAE CT payable on the relevant income. Any excess FT credit cannot be carried forward or back to a different tax period. 

Process to Register UAE Corporate Tax and Registration Guide with Required Documents

Process to Register UAE Corporate Tax and Registration Guide with Required Documents

1. UAE Corporate Tax (CT) Registration Process:

Login Emarat Tax Portal (if already has an Account with Emarat tax. If not have Account, then Create New Account with Emarat Tax

Taxable Person List (On successful login, the taxable person list will be displayed. If no taxable person is linked, create a new taxable person. Select the taxable person from the list for whom CT registration application is to be filled)

Click on ‘Register’ to initiate the CT registration application (The CT tile will appear in the Taxable Person Dashboard. Click on ‘Register’ on the CT tile to initiate the CT registration application)

CT Registration Application (Five Sections):
(I) Entity Details: Below Details 1.Entity Type 2.Sub Type 3.Date of incorporation 4.Country of Registration /incorporation, 5. CT Period.

(II) Identification Details: Below Details 1. Main License Details 2. Business Activity Details 3. Owner List 4. Local Branch Details

(III) Contact Details: Below Details 1. Registered Address 2.Tax Agent Address in UAE (if a foreign business applying for CT Registration)

(IV) Authorized Signatory: Below Details 1. Details of Authorized Signatory 2. Evident of authorization (MOA / POA)

(V) Review and Declaration Review all of the information before submitting the CT Registration Application, then submit CT Application

After the application is submitted successfully, a Reference Number. is generated for submitted application. Once the application is submitted, the FTA shall approve, reject or resubmit for additional information and notify the applicant accordingly. Once the registration application for CT is approved, a CT TRN (Tax Registration Number) and registration certificate shall be issued. Taxpayer can download the registration certificate from your Emera Tax account.

Others: To enter all the Owners that have a 25% or More ownership in the entity being registered.  If you have one or more branches, and add the local branch details, for each branch, enter the trade license details and associated business activates and owners list. Ø Registration will be in the name of head office. Registration will not be performed in the name of Branch. If you have multiple addresses, provide details of the place where most of the day-to-day activities of the business are carried out. Required Documents for CT Registration:
1. Emirate ID / Pass Port copy of Taxable person 2. Emirate ID / Pass Port copy of Authorized person 3. Proof of Authorized person i.e. MoA, PoA etc.

2. UAE Corporate Tax – Registration Guide (CTGRJP 1- Aug,23)

CT Registration is Mandatory for:

  • UAE Companies (UAE mainland and free zones Companies) 
  • other Juridical persons that are incorporated or effectively managed and controlled in the UAE
  • Natural person (Decision No. 49 of 2023)
  • Foreign legal entities that have a PE in the UAE
  • Foreign Legal entities that a nexus in the UAE arising from earning income from any immovable property in UAE

Non-Resident person that doesn’t have a PE in UAE and earn State sourced income

CT Registration Non-Mandatory for:

  • Government entity
  • Government controlled entity.
  • Extractive Business
  • Non-Extractive Natural Resource Business
  • Qualifying Public Benefit Entity
  • Pension and Social Security Fund **
  • Juridical persons wholly owned and controlled by certain other exempted persons **

(** These entities must Register for CT then make application for exemption from CT)

Registration Process:

Submit Application in Emirate Tax Portal
FTA will review Application & Get additional details
FTA once Approved will issue TRN (TRN different from other TRN)

Required Documents:

(i).Trade license / Business license
(ii).Passport of the authorized signatory
(iii).POA and or MoA
(iv).If the authorized signatory is a UAE resident, Emirates ID of authorized signatory
(v).If the owner is an individual, passport & Emirate ID of the immediate owner who directly owns at least 25% of the shares of the juridical person

CT Deregistration:

If business or business activity ceases or dissolution or liquidation.

Make an application to FTA within 3 months

Taxable person should meet all tax obligations

Other Key Points:

Person who already registered for VAT and / Excise tax still required to Register for CT. CT registration Separate TRN will issue.

Person who are not registered for VAT and / Excise tax also within the scope of CT Registration.

Registration details are up to date and informing the FTA of any changes within 20 business days.

If a UAE Judicial person only derives exempt income will be also required to register for corporate tax

Head office must register for Corporate Tax registration on behalf of all the UAE branches; also applicable for Free Zone branches of Mainland company and Mainland branches of Free Zone company.

Small business relief must register for CT, No corporate tax liability. Has to file corporate tax return. Has to maintain appropriate records to support small business relief.

Natural person shall be subject to CT only where the total revenue derived from such business or business activities exceeds AED. 1 million within a Gregorian calendar year. Total Revenue not includes Wages, Salaries, personal rental income, personal capital gains, Real estate Rental income, Real Estate capital gains.

CT Registered Person File Tax Return and Pay CT within 9 months end of reporting period.

UAE Corporate Tax is mandatory based on Terms and Conditions

UAE Corporate Tax (CT) Small Business Relief

Purpose: To Support Startups & Other Small or Micro business BY Reducing Their Corporate Tax Burden and Compliance Costs.

Applies To: Resident Taxable Person – (either a Natural Person or a Juridical Person) with Revenue below or equal to AED 3,000,000 in a relevant Tax Period and all previous Tax Periods that end on or before 31 December 2026.

Not Applies to:

1. Qualifying Free Zone Persons

2. Members of Multinational Enterprise Groups

3. for a foreign company

In order to claim Small Business Relief:

❖ Eligible Taxable Person must first be registered for Corporate Tax

❖ Then can elect for the relief through the filing of a Tax Return

❖ An election must be made in each Taxable Period If election for Small Business Relief is elect:

➢ Can file a simplified Tax Return (not full tax return)

➢ No Corporate Tax to pay

➢ Not required to calculated taxable income

➢ Can carry forward Tax Losses and Excess Interest Expenditure from previous Tax Periods

➢ Must comply with the Arm’s Length Principle

➢ Cannot accrue and utilize Tax Losses for the relevant Tax Period

➢ Cannot accrue and utilize Excess Interest Expenditure for the relevant Tax Period

➢ Cannot apply reliefs for transfers within a Qualifying Group or for Business restructuring transactions

➢ No need complies with transfer pricing documentation requirements

Other Views:

✓ This relief is optional

✓ The relief is given based on Gross revenue (sales)

✓ Businesses are not allowed to artificially separate the revenue

✓ Revenue exceeds AED 3,000,000 in a Tax Period; the Taxable Person will no longer be able to elect for Small Business Relief

✓ Where a Natural Person derives income from Businesses or Business Activities above the AED 1,000,000 threshold during a Gregorian calendar year, he will be subject to Corporate Tax and will be required to register for Corporate Tax. In this instance, he may be able to claim Small Business Relief if they meet the requirements of the Small Business Relief.

✓ A Tax Group is able to elect for Small Business Relief if its Revenue is equal to or below AED 3,000,000.

✓ Businesses need to maintain records for 7 years (kept include but is not limited to:

● Bank statements;

● Sales ledgers;

● Invoices or other records of daily earnings, such as till rolls;

● Order records and delivery notes; and

● Other relevant Business correspondence.) ✓ There is no requirement that documents are maintained in their original (scanned and stored electronically)

UAE Corporate Tax On UAE Free Zones – Article 18 &19

Free Zone Person: A Juridical Person incorporated, established, registered in a Free zone, including a Branch of Non – Resident person registered in a Free Zone.

Free Zone Person – Corporate Tax Rate: Entities established in a Free Zone that meet the conditions to Benefit from the Free Zone CT Regime (“Qualifying Free Zone Persons”) will be subject to UAE CT at the following rate: 0% – on Qualifying Income 9% – on Non Qualifying income

Qualifying Free Zone Person: A Qualifying Free Zone person, the Free Zone must:

(i) Maintain adequate substance in the UAE

(ii) Derive “ Qualifying Income” as specified in a cabinet decision

(iii) Comply with Transfer pricing (TP) rules and maintain relevant TP documentation.

(iv) Not have made an election to be subject to CT in full.

Free Zone Person – Other Conditions:

i) UAE CT Treatment will be same for all UAE Free Zone Entities.

ii) Qualifying Free Zone Person that meets the relevant conditions will be able to benefit from 0% free zone CT regime automatically.

iii) Qualifying Free Zone Person can make Election (Application) Not to apply 0% free zone CT regime; but instead be subject to the regular CT regime and rates.

iv) Ministry may prescribe the conditions or circumstances under which a person may continue or cease to be qualifying free zone person from a different date.

v) All Free zone entities will be required to Register and File CT return whether they are Qualifying Free Zone or not

vi) All Free zone entities will be required to Register and File CT return whether they are Qualifying Free Zone or not.

UAE Corporate Tax on Free Zone Person (FZP): Qualifying Free Zone 

Tax Rates: Qualifying Free Zone Person (QFZP) eligible for a 0% (Zero) corporate tax on its qualifying income (QI).

Qualifying Free Zone Person: Free Zone Person must meet the following conditions to be considered as QFZP: Derive qualifying income from relevant transactions, maintain adequate substance within UAE, Not selected to be subjected to normal tax rate @ 9%, Maintain and comply transfer price rules and documents, Prepare and maintain audited financial statements.
(A QFZP fails to meet any conditions at any particular time during tax period shall cease to be a QFZP from the beginning of that tax period and for the subsequent 4 tax periods.)

Qualifying income (QI): Income derived from other FZP except income derived from excluded activities, Income derived from Non-Free Zone, domestic and foreign only for qualifying activities which are not a part of excluded activities, any other income subjected to the de minimis requirement.

Excluded activities: includes Transaction with natural person except ships and aircraft related, Banking, insurance, finance and leasing activities (except reinsurance, treasury and finance services to related parties, financing and leasing of air craft.), Ownership or exploitation of UAE immoveable property (except commercial property located on free zone provided such activity in relation to immoveable property located in free zone is conducted with other free zone person),Intellectual property asset ownership or exploitation, Ancillary activities to above activities.

Qualifying activities: (i)Goods/material: Manufacturing / processing pf goods or materials. (ii)Services: Holding shares and other securities, Ship ownership management and operations, Reinsurance service, Fund management service, Wealth and investment management service, headquarter service to related parties, Treasury and financing services to related parties, Aircraft financing and leasing, Distribution of goods / materials in or form a designated zone to customer that resell such goods / materials, Logistics services, Ancillary activities to the above activities.

De minimis Requirement: where the non-qualifying revenue derived by the QFZP in a Tax period does not exceed lower of the following: Aed 5,000,000 or 5% of total revenue of the QFZP in that tax period.

Other points:

  • Election to be subjected to the corporate tax shall be effective from either tax period or following tax period
  • Adequate substance includes: adequate asset, adequate number of qualified employees and adequate amount of operating expenditure,
  • QFZP corporate tax rates: 0% – Qualifying income, 9% – non qualifying income
  • QFZP any taxable income that is non qualifying income will be subjected to tax at @ 9% (not entitled to a 0% rate on their first Aed 375,000.),
  • QFZP that earns income from immoveable property located outside a free zone would not be eligible to benefit from the free zone corporate tax regime.
  • A free zone person that is not a qualifying free zone person will be able to benefit from the Aed 375,000 0% band.
  • 0% corporate tax is available QFZP until the expiry of the tax period provided by respective legislation of the relevant free zone.
  • Only juridical person can benefit from the FZ corporate tax regime.
  • Foreign company branch in a free zone can get benefit from the free zone corporate regime.
  • A QFZP does not want to benefit from the FZCT regime can elect to apply the standard UAE CT rate.
  • QFZP cannot be a member of tax group.
  • QFZP cannot claim small business relief.
  • QFZP cannot transfer or receive tax losses.
  • All free zone person required to register for CT, obtain TRN, File CT return.
  • A free zone branch of mainland or foreign juridical person no need to register and file a separate UAE CT return.
  • No foreign tax credit can be claimed by qualifying FZP.

UAE Corporate Tax Penalties and Reasons

Penalty – AED. 500:

Submit an incorrect Tax Returns

Penalty – AED. 500 to 1,000:

Failure to submit a Tax Return within timeframe specified in Corporate Tax law

Penalty – AED. 1.000 to 0,000:

Failure to submit Deregistration application within time specified by authority

Penalty – AED. 1.000 to 5,000:

Failure to inform amendment information to Authority on time

Penalty – AED. 10.000 to 20,000:

Failure to Keep required Records and other information as specified in Corporate Tax Law

Penalty – AED. 5,000:

Failure to submit Records and documents in Arabic when authorities required

Penalty – 14% Per Year:

Failure to settle / Pay Corporate Tax Payable in specified period.

Penalty – AED. 20,000:

Person failed to subject Tax Audit in a specified given period

Significant Official Publications Relating to UAE Corporate Tax:

  1. CT Tax Payer User Manual
  2. TRC User Manual
  3. CT Amend Registration Manual
  4. Tax deregistration timelines
  5. Small business Relief Guide
  6. Taxable nonresident person
  7. CT Exempt income
  8. Transfer pricing Guide
  9. Ministerial Decision on – Tax Residency
  10. Ministerial Decision on- Accounting standards and methods for Corporate Tax purposes
  11. Ministerial Decision on – Transition Rules
  12. Ministerial Decision on – Tax Group
  13. Ministerial Decision on – Interest deductions
  14. Ministerial Decision on – Transfers within a Qualifying group
  15. Ministerial Decision on – Business Restricting relief
  16. Ministerial Decision on – Determining Taxable income for CT
  17. Ministerial Decision on – Tax Residence Certificate
  18. Cabinet Decision on – Corporate Tax Administrative Penalties