Who can elect for the Relief? What are the conditions? What is the Relief? Who cannot elect for the Relief? A Qualifying Free Zone PersonA member of a multinational group with consolidated group revenue of more than AED 3.15 billion The small business relief is not available for MNE group of companies that are operating other…
Natural persons in the UAE become liable to Corporate Tax if their total turnover from business activities exceeds AED 1 million in a Gregorian calendar year. Corporate tax rates for natural persons are 0% on taxable income up to AED 375,000 and 9% on taxable income exceeding AED 375,000. Under Federal Decree- Law No. 47…
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