UAE Small Business Relief has been extended to 2029. Find out what the AED 3 million revenue threshold means for SMEs and Corporate Tax.

Corporate Tax is a tax companies pay on their profits, which are calculated as total revenue minus allowable expenses.

The FTA has warned companies with June-to-May financial years not to delay the process.

With the new corporate tax regime, startups and early-stage companies will face new challenges and opportunities as they depart from the UAE's tax-free commercial environment. An adaptable company will be able to navigate the new landscape with ease.

There are administrative penalties under the corporate tax regime that businesses in the UAE should be aware of immediately.

Corporate Tax has been implemented throughout the UAE by Federal Decree-Law n.47 of 2022. All UAE companies are subject to corporate tax rates of 0% and 9%