Corporate Tax in Dubai Free Zone
As per the original guidance from 2022, no corporate tax was levied from free zone entities if no onshore trading was conducted. While introducing revised laws regarding corporate tax in UAE, the decisions on free zones were also released. The rules pertaining to Corporate tax in Dubai Free zone state that every qualifying Free Zone Person will be taxed with a 0% corporate tax rate on their qualifying income and a 9% corporate tax rate on their taxable income above their qualifying income. So, what is a qualifying income? Speak with the consultants at Shuraa Tax?to?know?more.
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