This online calculator will help you visualize how much corporate tax your company in United Arab Emirates (UAE) would be liable to pay in any finanncial year (Starting from FY 2024).
Ready to calculate your possible liability for the upcoming financial year?
UAE Corporate Tax Calculator
Tax Rate (%): 9
Applicable on profits over AED 375,000
Corporate Tax: 0.00 AED
How to compute Corporate Tax in UAE?
Below are the guidelines that will help you to understand corporate tax calculations. Before filing the corporate tax return, it is crucial to have clarity in calculating the precise amount of UAE corporate tax.
Corporate tax will be applicable at a headline rate of 9% on taxable income exceeding AED 375,000. Those corporations earning below this threshold will be subject to a 0% corporate tax rate. Let’s have a look at the example:
Corporate tax will be applicable at a headline rate of 9% on taxable income exceeding AED 375,000. Those corporations earning below this threshold will be subject to a 0% corporate tax rate.
The corporate tax will be calculated as follows:
- Taxable income of AED 0- AED 375,000 at 0%= AED 0
- A portion of taxable income exceeding AED 375,000 (i.e. AED 400,000-AED 375,000= AED 25,000) at 9% = AED 2,250.
- The UAE corporate tax liability for the year will be AED 0 + AED 2,250 = AED 2,250.
- The final amount of UAE corporate tax payable will be reduced by any foreign taxes incurred on the relevant income.
DISCLAIMER
The aim of this corporate tax calculator is to guide UAE employees to know the estimated amount of corporate tax. This corporate tax calculator is provided for informational purposes only and should not be considered legal, accounting, or tax advice. You should always consult a qualified accountant or tax advisor before making any financial decisions based on the results of this calculator. By using this calculator, you agree that we will not be liable for any damages or losses that may result from the use of the calculator, or the information provided here.