Understanding Corporate Tax in the UAE
The Federal Corporate Tax Law, established under Federal Decree-Law No. (47) of 2022, applies to all businesses and corporate entities operating across the UAE, including those in free zones and the mainland. This tax system, introduced at a competitive 9% rate on specified income, is designed to strengthen the UAE’s fiscal framework while ensuring a business-friendly environment.
At Ibrahim Tawakul Accounting and Bookkeeping, an FTA-authorized tax agency, our team of corporate tax experts is equipped to provide customized tax solutions tailored to businesses' needs.