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Highlights of UAE Free Zone Corporate Tax Rules!
UAE Free Zone Corporate Tax Rules
Supercharge your Corporate Tax journey with our mind-blowing Registration Tool, transforming tedious paperwork into a 5-minute breeze.
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The Ministry of Finance in the UAE recently sprinkled some tax pixie dust to make your financial burdens disappear.
#1: No need to stress about taxes in UAE free zones! The Ministry of Finance has unleashed a tax wonderland where your business can thrive without paying a single dirham in corporate taxes.
#2: Engage in Qualifying activities like manufacturing, processing, holding securities, logistics services, distribution in designated zones, and many more.
#3: Excluded activities are the party poopers. Income from dealing with individuals, certain regulated financial services, intangible assets, and immovable property (except the cool commercial ones within free zones) won't qualify for the tax-free extravaganza.
#4: Don't get too carried away! There's a de-minimis threshold to keep things in check. You can earn a small amount of non-qualifying income (up to Dh5 million or 5% of total revenues, whichever is lower) and still maintain your tax-free status.
#5: If you go beyond the de-minimis threshold, you'll be caught in its clutches, and the regular UAE corporate tax rate of 9% will come knocking on your door. Keep those numbers in check and avoid any unwanted tax surprises.
#6: Failing to meet the de-minimis requirements or other qualifying conditions will result in losing the precious 0% tax benefit for a minimum of five long years.
Don’t worry though! We have developed a cutting-edge Corporate Tax Tool that will make the registration process a breeze for you. With our user-friendly tool, you can register with ease in just a few minutes.
So, don't let this opportunity slip through your fingers. Visit our website and take advantage of this tool.
You're still confused about how to do it, don't hesitate to book a free consultation with us. We'll be happy to help you navigate the process and ensure your business is on the right track.
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