Businesses with profits below this threshold are not required to pay any corporate tax, continuing to benefit from the UAE’s tax-free advantage. This structure is designed to support startups and small businesses.

As of June 1, 2023, corporate tax applies to all businesses in the UAE generating over AED 375,000 annually, with a 9% rate imposed on profits. However, certain entities are exempt, such as:

- 100% government-owned companies

- Eligible non-profit organizations

- Specific investment funds that meet qualifying conditions

With WeSetupBusiness, you receive precise guidance from a trusted financial advisor solution to help determine your company’s tax liability and eligibility for exemptions.

Businesses registered under UAE Free Zones can benefit from a 0% corporate tax rate, provided they avoid direct trade with the mainland and fully comply with relevant Free Zone Authority regulations.

Income from capital gains and dividends generated through qualifying shareholdings remains entirely exempt from tax under current laws.

Understanding the complexities of UAE corporate tax is challenging, especially in companies that are growing into local and foreign markets. From how to categorize income to what qualifies as tax-deductible expenses, details matter, and errors can cost or incur penalties.

At WeSetupBusiness, we don't provide compliance alone; we provide strategic financial solutions with clarity and vision. Our experienced personnel reviews your business from the ground up, enabling you to maximize areas of tax savings, comply with bylaws, and place finances in a position to propel long-term prosperity. Whether restructuring, growing, or starting for the first time, we customize our financial services to enable your tax needs not only to be fulfilled, but also optimized.

Companies subject to corporate tax must register with the UAE’s Federal Tax Authority (FTA) and secure a valid Tax Registration Number within the prescribed time. The FTA also holds the right to auto-register non-compliant businesses. If a company ceases operations or begins liquidation, it must notify the FTA within three months and submit a deregistration request.

WeSetup Business helps clients handle all steps of the registration and deregistration process. With our Corporate Financial Services in UAE, we ensure timely submissions, full compliance, and zero delays. From registration to final deregistration, our team provides complete support, so you're never left in the dark.

Businesses must submit their filings within nine months after their tax year ends and complete their tax payments within the same period. Refunds can be requested if overpayments or legitimate exemptions apply. Through our strategic financial services, WeSetupBusiness handles all aspects of the filing process from preparing accurate documentation to representing you before tax authorities.

We help you understand which tax exemptions or incentives your business may qualify for under UAE tax law, based on its structure and location.

Our experts guide you through the full registration process with the FTA, ensuring your application is compliant and submitted within deadlines.

We review your tax liabilities, prepare accurate filings, and submit them to the authorities, ensuring maximum benefit for your financial solution company.

Introduced in 2018, the Value Added Tax (VAT) rate in the UAE is 5% and applies to the majority of services and products at all points of sale. Businesses need to comply by charging and paying VAT and registering on the government's specialist online portal.

Compulsory VAT registration is for businesses making more than AED 375,000 per year. Businesses making AED 187,500 to AED 375,000 can register on a voluntary basis. WeSetup Business is a renowned financial services provider that makes VAT registration and compliance easy. From documentation to portal walkthroughs, we handle everything so your business is compliant with all the requirements without any inconvenience.