Tax Agency Number (TAN) 30004113
Corporate Tax Consultants : The Ministry of Finance has announced the introduction of a 9% federal corporate tax in the UAE on business profits with a threshold of AED 375,000. This comes into effect from the financial year beginning 1st June 2023.
Preparing for corporate tax compliance early will avoid higher implementation costs and reduce the pressure on internal teams to complete these preparations within a tight last-minute deadline.
Our expertise and experience will ensure that your organization makes a smooth and seamless transition to the era of Corporate Tax.
Free Zone (including financial free zones) businesses in UAE will be subject to Corporate Tax. However, it has been clarified that the Corporate Tax regime will continue to honour the corporate tax incentives currently being offered to free zone businesses that comply with all regulatory requirements and that do not conduct business in mainland UAE. Businesses established in a free zone will be required to register and file a Corporate Tax Return.
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