• Companies engaged in the extraction of natural resources are subject to current Emirati-level corporate tax and are therefore exempt from the CT.
  • Dividends and capital gains earned by UAE companies from qualifying shareholdings are exempt from CT.
  • Eligible intragroup transactions and organizational restructurings are not subject to CT if the necessary conditions are met.

Additionally, CT will not apply to

  • Personal income wages and other employment income, whether received from the public or private sector
  • Interest and other income earned by individuals from bank deposits or savings plans
    income of foreign investors derived from dividends, capital gains, interest, royalties and other investment income;
  • Real estate investment by individuals in their personal capacity
  • Dividends, capital gains, and other income earned by an individual by owning stocks or other securities in an individual capacity.

CT Rate – As per Ministry of Finance, CT rates are:

  • 0% taxable income up toAED 375,000
  • 9% of taxable income over AED 375,000 and
  • Different tax rates (not yet specified) for large multinationals meeting certain criteria set with reference to Pillar 2 of the OECD Base Erosion and Profit Shifting Project.