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Corporate Finance

The federal Corporate Tax (CT) on company net profits will be implemented, according to a January 2022 announcement from the Ministry of Finance. Depending on the business's financial year, either July 1, 2023, or January 1, 2024, will be the start date for the tax. All of the emirates will implement CT.

Hassle-Free Tax Preparation

An overview of
corporate tax

Following the UAE Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and Businesses, businesses will be subject to UAE Corporate Tax beginning with their first fiscal year that starts on or after June 1, 2023. ("Corporate Tax Law").


Corporate tax (CT) - What is it?

A type of direct tax known as corporate tax is assessed on the net profit or revenue generated by corporations and other legal entities

Corporate Tax's goals

Solidify its place as a major international center for trade and investment. Accelerate its growth and transformation to accomplish its strategic goals and reaffirm its dedication to upholding global standards for tax transparency and preventing unfair tax practices.


Exemptions from the CT

Moreover, the CT will not apply to