

UAE Ministry of Finance has released a public consultation document on UAE Corporate Tax (UAE CT) to seek views on its features and implementation.
What is the purpose of a public consultation?
The document contains information on the proposed Corporate Tax (‘CT’) regime and is released for the purposes of obtaining input from interested parties.
CT will be applicable to companies & branches that are registered in a Free Zone (referred to as ‘Free zone persons’) and subject to tax return filing requirements
A Free Zone will be subject to 0% CT
CT regime will continue to honor the CT incentives currently being offered to free zone businesses
A Free Zone Person that has a branch in mainland UAE -0% CT Rate
A Free Zone Person does not have a branch in mainland UAE-0% CT Rate
Transactions between Free Zone Persons and their group companies located in mainland UAE-0% CT Rate
Free Zone Person located in a Designated Zone for Value Added Tax (VAT) purpose -0% CT Rate