What are the corporate tax rates in Dubai ?
|
February 23, 2022
|3 mins read
| Country | UAE |
| Emirate | Dubai |
| Tax | Corporate Tax |
Question – What are the corporate tax rates in Dubai?
Answer – The proposed Corporate Tax will apply on all the businesses and commercial activities (whether carried on by companies or individuals) at the rate of 0% for taxable income up to AED 375,000 and 9% for taxable income above AED 375,000. However, a different tax rate for large multinationals that meet specific criteria set with reference to ‘Pillar Two’ of the OECD Base Erosion and Profit Shifting project.
Related Questions –
- What is UAE Corporate Tax
- Who are covered under Corporate Tax in UAE
- From when would the UAE corporate tax be applicable ?
- What would be the business profits/tax base in the UAE on which Corporate Tax would be applicable ?
- What is the meaning of financial year starting on or after 01.06.2023 in UAE?
- What are the corporate tax benefits that would be available for start-up or small companies in UAE?
- Whether capital gains and dividends are taxed in UAE
- Whether employment and other income earned by individuals are liable to tax in UAE ?
- What is the treatment of tax losses in UAE?
- Is there any relief from Double Taxation in UAE?
- Are transfer pricing provisions applicable in UAE ?
- What are the withholding tax rates (WHT) in UAE?
- Are the benefits of tax grouping available in UAE?
