Corporate Tax Services in UAE

According to the UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (UAE CT Law), businesses are subject to UAE Corporate Tax (CT) from the beginning of their first financial year that starts on or after 1 June 2023. The Decree Law was made available to the public on 9 December 2022 and various Ministerial and Cabinet Decisions have followed henceforth, with more updates and guidance expected to follow.

Access a summary of significant decisions through our UAE Corporate Tax Alerts:

1. Cabinet Decision No. 75 of 2023 on the Administrative Penalties for Violations (PDF)
2. Press Release | Digital Public Consultation (PDF)
3. Updated FAQs for Free Zone Companies (PDF)
4. Cabinet Decision No. 55 read with Ministerial Decision No.139 of 2023 (PDF)
5. Ministerial Decision No. 126 | General Interest Deduction Limitation Rule (PDF)
6. Ministerial Decision No. 120 | Adjustments Under Transitional Rules (PDF)
7. Ministerial Decision No. 114 | Accounting Standards and Methods (PDF)
8. Ministerial Decision No. 49 | Specifying the Categories of Businesses or Business Activities Conducted by a Resident or Non-Resident Natural Person that are Subject to Corporate Tax (PDF)
9. Corporate Tax registrations for PJSC & Private Companies (PDF)
10. Ministerial Decision No. 97 | Requirements for Maintaining Transfer Pricing Documentation (PDF)
11. Ministerial Decision No. 105 | Determination of the Conditions under which a Person may Continue to be Deemed as an Exempt Person, or Cease to be Deemed as an Exempt Person from a Different Date (PDF)
12. Provisions of Exemption from Corporate Tax (PDF)
13. Conditions for Change in Tax Period (PDF)

And get insights from our related blogs for more:

IAB RANKINGS REPORT: UAE – Introduction of Corporate Tax Could Lead to Windfall for UAE Accountants

UAE Corporate TAX Pertinent Questions

UAE’s free zone businesses await 0% ‘qualifying income.’

UAE’s free zone companies have lots of tax planning to do

Federal Corporate Tax – A New Business Reality in UAE