Understanding the Distribution of Goods taxability Qualifying Activities generate Qualifying Income, Qualifying Income makes a Free Zone Person as a Qualifying Free Zone Person and then only automatic eligible for 0% Corporate Tax Rate, whether the transaction is with another Free Zone entity or Non-Free Zone entity. One of the 13 Qualifying Activities is:… Continue reading Free Zones of UAE and UAE Corporate TAX
The UAE introduced a corporate tax law in December 2022, which will come into effect on June 1, 2023. The standard corporate tax rate is 9%, but there are a number of features that are designed to make the tax more manageable for small and medium-sized enterprises (SMEs). Small Business Relief One… Continue reading UAE Corporate Tax Features For SMEs
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