UAE Corporate Tax Rules You Must Know | Dubai News

UAE’s new corporate tax kicks in June 2023—businesses must register or face a 10K penalty. Companies formed after March 2024 have 3 months to comply; individuals trigger registration at 1M AED turnover (excluding salary/investment). Tax rates: 0% on income up to 375K AED, 9% above. Taxable income = revenue minus adjustments. File online via FTA by 9 months post-period end. Free Zone businesses still must file—even get 0% on qualifying income. Small Business Relief applies if revenue ≤3M AED over two periods (until Dec 2029), but you still need to file. Keep records for 7 years. Stay compliant to avoid penalties and navigate this new system smoothly. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bcf53f5c57536aa0