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Taxes in the UAE in 2024: A Complete Business Guide

The UAE is traditionally considered a tax haven, but a corporate tax was introduced in 2023. Let's examine how this affects businesses.

  1. Corporate Tax (9%)

  • Applies to profits exceeding 375,000 AED per year
  • Exceptions: Free zone companies (if not operating in the UAE domestic market), individuals

  1. VAT (5%)

  • Applies to most goods and services
  • Exemptions: Healthcare, education, exports

  1. Tax Exemptions

  • No personal income tax for individuals
  • No taxes on dividends and capital gains

How to optimize taxes?

  • Register in free zones for international business
  • Utilize UAE tax treaties

Our company can help legally minimize your tax burden.