HAL Consulting provides professional guidance for businesses navigating corporate income tax in UAE. Effective June 1, 2023, most businesses operating in the UAE are subject to corporate tax, with a 9% rate on taxable profits exceeding AED 375,000, while profits below this threshold remain tax-free.
Key Features:
Scope: Applies to UAE resident companies, foreign entities with a permanent establishment, and qualifying free zone businesses.
Rates: 0% for profits up to AED 375,000; 9% for higher profits.
Filing Deadlines: Tax returns must be submitted within nine months of the financial year-end.
Exemptions & Free Zone Benefits: Certain free zone businesses may qualify for 0% tax under compliance and substance requirements.
HAL Consulting Services:
Corporate Tax Registration with the FTA.
Preparation and Filing of Tax Returns.
Tax Planning & Advisory to minimize liabilities.
Audit Support and Documentation Assistance.
Free Zone Tax Guidance for qualifying entities.
With HAL Consulting, businesses receive expert, tailored solutions that ensure full compliance, reduce risks, and support strategic growth. Our team works closely with organizations of all sizes to provide practical, actionable guidance in the UAE corporate tax landscape.