Corporate Tax Consultant Dubai
UAE corporate tax (CT) came into effect on June 1, 2023 at 9% on taxable income exceeding AED 375,000. All businesses must register for CT regardless of whether they meet the threshold. Free zone entities that maintain adequate substance and comply with conditions can benefit from 0% rate on qualifying income.
Registration requirements
- All UAE-resident juridical persons must register
- Natural persons with business income above AED 1 million must register
- Registration via EmaraTax portal
- Deadline varies by license issuance date
- AED 10,000 penalty for late registration
Key compliance steps
- Determine your tax period (financial year)
- Calculate taxable income per UAE CT law
- Apply for Qualifying Free Zone Person (QFZP) status if eligible
- Prepare transfer pricing documentation if applicable
- File annual CT return within 9 months of year end
- Pay any CT due within 9 months of year end
Pro tip
Small businesses with revenue under AED 3 million can elect for simplified Small Business Relief.
Watch out
Free zone 0% CT rate is not automatic — you must actively claim QFZP status and meet substance requirements.