Corporate Tax in the U.A.E.
- Tax Base For Resident and Foreign Companies
- There is no difference between the residents and non-residents as far as taxation is concerned.
|corporate tax (exception of oil and gas companies and subsidiaries of foreign banks)||0%. There are no taxes levied by the Federal Government on income or wealth of companies and individuals.|
|Tax applicable for all companies: the duty deducted by the municipality in each Emirate at the time of issuance or renewal of a trade licence.||10% of the annual amount of the rent of offices and warehouses and 5% of the annual amount paid by a company to accommodate its employees.|
|For oil and gas companies or foreign bank subsidiaries having an income between 1,000,000 dirhams and 2,000,000 dirhams||10%|
|The same type of company having an income between 2,000,000 dirhams and 3,000,000 dirhams||20%|
|The same type of company having an income between 3,000,000 dirhams and 4,000,000 dirhams||30%|
|The same type of company having an income between 4,000,000 dirhams and 5,000,000 dirhams||40%|
|The same type of company having an income higher than 5,000,000 dirhams||55%|
- Tax Rate For Foreign Companies
- Capital Gains Taxation
- Main Allowable Deductions and Tax Credit
- Other Corporate Taxes
Country Comparison For Corporate Taxation
|United Arab Emirates||Middle East & North Africa||United States||Germany|
|Number of Payments of Taxes per Year||14.0||21.6||11.0||16.0|
|Time Taken For Administrative Formalities (Hours)||12.0||194.1||187.0||215.0|
|Total Share of Taxes (% of Profit)||14.1||32.8||46.8||48.2|
Source: Doing Business
Note: *The Greater the Index, the More Transparent the Conditions of Transactions. **The Greater the Index, the More the Manager is Personally Responsible. *** The Greater the Index, the Easier it Will Be For Shareholders to Take Legal Action. **** The Greater the Index, the Higher the Level of Investor Protection.
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