It is a form of direct tax imposed on net income or business profit that the
UAE will start applying to companies starting in 2023.
purpose of corporate tax
Enhancing the country's position as a leading global centre for
business and investment
Accelerate the development of the country and its transformation to
achieve its strategic goals
Renewing its commitment towards meeting international standards of
tax transparency and preventing harmful tax practices.
tax will apply to:
All businesses and individuals that carry out business activities
under a commercial license or permit to carry out commercial, industrial,
or professional activity in the country.
Businesses established in free zones So that the corporate tax
system will continue to provide corporate tax incentives, which are
currently provided to businesses established in free zones, which comply
with all regulatory requirements and do not conduct commercial activities
in the mainland of the UAE.
Foreign companies and foreign individuals if they carry out a
continuous or regular commercial activity in the UAE.
Companies operating in the field of real estate management,
construction work, real estate development, real estate agencies, and real
estate brokerage activities.