What you need to know about the 9% Corporate Tax (CT)

The UAE will impose CT on the profits of mainland businesses. The CT rates are 0% for taxable profits up to AED 375,000 and 9% for taxable income above AED 375,000. Taxable profits are equal to a business’s income less the cost of goods sold, wages and other employee compensation, interest, and depreciation. The tax will […]