CORPORATE TAX IN THE UAE

On 31 January 2022, the tax landscape of the region shifted yet again with the United Arab Emirates (UAE), Ministry of Finance (MoF) making the breakthrough announcement that a new federal corporate tax (CT) system will be implemented in the UAE, effective financial years commencing on or after 1 June 2023. Barring Bahrain, the UAE has introduced the lowest corporate income tax rate within the GCC region at a standard rate of 9%. The UAE CT regime has been designed to incorporate best practices globally and minimize the compliance burden on businesses.

  • Effective Date
  • Rates
  • Free Trade Zones          
  • Scope of Corporate Tax
  • Exempt Income
  • Losses