Corporate Tax

UAE Corporate Tax is a tax levied on the profits of businesses operating in the United Arab Emirates. Introduced in 2023, the tax applies to companies conducting business activities within the country, with exceptions for certain sectors like oil and gas or foreign banks. The tax rate typically depends on the level of profits, with a standard rate set at 9% for profits above a specific threshold. UAE Corporate Tax aims to align with global tax practices and support economic diversification, while also maintaining the country’s competitive business environment.