Corporate tax (CT) is a form of direct tax levied on the net income or profit of corporations and other entities from their business. Corporate Tax is sometimes also referred to as “Corporate Income Tax (CIT)” or “Business Profits Tax” in other jurisdictions.

The UAE has decided to introduce Corporate Tax (CT) on business profits in the country. It will be effective for financial years starting on or after June 2023.

The UAE is new to corporate tax and, as such, businesses will require the assistance of a consultancy that has an expert tax team.

We will offer the tax advisory services which are suitable for your entity as per the Corporate Tax Law and the necessary support regarding Corporate Tax.