Corporate Tax in the UAE
The United Arab Emirates introduced a corporate tax system in June 2023. This means most businesses operating in the UAE will pay a 9% tax on their annual profits exceeding 375,000 AED (around $100,000). There’s good news for startups and smaller businesses though, as businesses with profits below 375,000 AED and “Qualifying Free Zone Persons” are exempt from corporate tax.
The United Arab Emirates introduced a corporate tax system in June 2023. This means most businesses operating in the UAE will pay a 9% tax on their annual profits exceeding 375,000 AED
(around $100,000). There's good news for startups and smaller businesses though, as businesses with profits below 375,000 AED and "Qualifying Free Zone Persons" are exempt from corporate tax. Read More
Why Choose SPC Free Zone for Corporate Tax Assistance?
We offer comprehensive support, from initial tax advisory to annual account preparation. We handle your registration, ensure your returns are filed on time, and even provide basic bookkeeping in Excel to keep your financials organised.
This service includes:
- Corporate Tax Advisory at the beginning
- Corporate Tax Registration
- Corporate Tax Return Filing
- Bookkeeping in Excel (maximum of 2 transactions per month)
- Management Accounts Preparation (one in a year)
*T&Cs apply
How to Get Corporate Tax Assistance
SPC Free Zone streamlines corporate tax management for businesses with minimal transactions. Simply provide the necessary documents and settle the service fee, and we will handle everything behind the scenes.
Fees:
AED 1,200
Timeline:
1 Business Days
1
Log in to SPC Free Zone portal
2
Submit payment
3
Submit request with required documents
4
Wait for your request to be processed
5
Receive Corporate Tax Assistance
Fees:
AED 1,200
Timeline:
1 Business Days
Documents Required
• Emirates ID of Authorised Signatory
