13/09/2023 Other Services
Corporate tax is changing the game for Free Zone companies in UAE. The applicability of the Corporate tax UAE free zone is determined by checking whether the entity is a Qualifying Free Zone Person (QFZP) who meets certain conditions specified in the tax regulations. A QFZP is subject to corporate tax at a rate of 0% on Qualifying Income and 9% on Taxable Income that is not Qualifying Income. Besides, they can also avail certain tax benefits as specified in the law. To know the tax liabilities and benefits of a Qualifying Free Zone Person, reach out to the tax experts at Shuraa Tax.
https://www.shuraatax.com/corporate-tax-uae-free-zone/
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