Frequently asked questions
What is Corporate Tax?
Corporate Tax is a direct tax on taxable income that’s to be paid annually.
What are the major things to do under Corporate Tax?
- Perform a thorough Corporate Tax impact assessment.
- Register for Corporate Tax.
- Maintain proper accounting records.
- File an annual return with FTA.
What is Small Business Relief?
Businesses earning annual revenue not exceeding AED 3 million will not be required to pay corporate tax. However, they must register for Corporate Tax and file the annual return.