UAE Corporate Tax - A Complete Guide including Professional Fee

Complete Guide on the UAE Corporate Tax along with our Indicative Fee


4/16/20231 min read

white metal bridge under blue sky during daytime
white metal bridge under blue sky during daytime

Overview of UAE Corporate Tax

With the implementation of Value Added Tax (VAT) in January 2018, followed by the introduction of economic substance rules (ESR) as well as Country-by-Country Reporting (CbCR) regulations in April 2019, the UAE has been through a series of tax reforms in the last few years to align itself with international markets and diversify its revenue.

On 9 December 2022, the United Arab Emirates (UAE) Ministry of Finance (MoF) released Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses to enact a new corporate tax (CT) regime in the UAE. The Law been supplemented with 158 Frequently Asked Questions, also released on the same date.

The Corporate Tax shall be effective from a financial year beginning on or after June 01, 2023. Any company that adopts a calendar year starting 01 January 2023 and ending 31 December 2023 will  be subject to CT starting 01 January 2024 and filing is likely to be due towards mid-2025.



More Details:

You can look into more details including our detailed presentation on Corporate Tax including our Indicative Professional Fee for small company through the link.

CIT Timelines
CIT Timelines