Renowned for its tax-friendly environment, the Dubai stands as an attractive destination for foreign investments. With the recent implementation of a new corporate tax regime, the Dubai ‘s approach to corporate taxation holds significant implications in the realm of anti-money laundering (AML). In this blog, we will delve into the impact of Dubai corporate tax […]
A Qualifying Free Zone Person is eligible for a 0% Corporate Tax rate on its Qualifying Income.
A juridical person who is not a resident person is subject to corporate tax if it either:
has a Permanent Establishment in the UAE; or
derives State Sourced Income (subject to a 0% Withholding Tax); or
earns income from Immovable Property in the UAE
Resident juridical persons
Refers to an entity incorporated or otherwise established or recognised
under the laws and regulations of the UAE or;
under the laws of a foreign jurisdiction but is effectively managed and controlled in the UAE