{"id":21101,"date":"2022-12-21T16:38:59","date_gmt":"2022-12-21T15:38:59","guid":{"rendered":"https:\/\/it.andersen.com\/?p=21101"},"modified":"2026-05-05T11:48:35","modified_gmt":"2026-05-05T09:48:35","slug":"new-uae-corporate-tax","status":"publish","type":"post","link":"https:\/\/it.andersen.com\/en\/new-uae-corporate-tax\/","title":{"rendered":"New UAE corporate tax"},"content":{"rendered":"<p>To support small businesses and startups,<strong> the UAE tax rate from 2023 will be 0% for taxable income below 375,000 dirhams or ($102,000) and 9% for taxable income above that.<\/strong><\/p>\n<p>For the first time in their history, <strong>as of June 1, 2023<\/strong>, the UAE will introduce the <strong>&#8220;federal corporate tax&#8221;<\/strong> that will hit<strong> corporate profits.<\/strong><\/p>\n<p>A competitive corporate tax regime based on international best practices that will consolidate them as a global leader for business and investment and accelerate the UAE&#8217;s development and transformation to achieve its strategic goals.<\/p>\n<p>This <strong>tax maneuver<\/strong> arises from a governmental need to diversify tax revenue sources, as opposed to those related to gas extraction. However, the desire that has emerged, remains to attract and <strong>incentivize foreign investment for multinational companies<\/strong> looking at the Middle East by broadening the pool of potential stakeholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To support small businesses and startups, the UAE tax rate from 2023 will be 0% for taxable income below 375,000 dirhams or ($102,000) and 9% for taxable income above that. For the first time in their history, as of June 1, 2023, the UAE will introduce the &#8220;federal corporate tax&#8221; that will hit corporate profits. [&hellip;]<\/p>\n","protected":false},"author":60,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49],"tags":[],"class_list":["post-21101","post","type-post","status-publish","format-standard","hentry","category-corporate-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/posts\/21101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/comments?post=21101"}],"version-history":[{"count":5,"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/posts\/21101\/revisions"}],"predecessor-version":[{"id":21183,"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/posts\/21101\/revisions\/21183"}],"wp:attachment":[{"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/media?parent=21101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/categories?post=21101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/it.andersen.com\/en\/wp-json\/wp\/v2\/tags?post=21101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}