The Corporate Tax will be applied at a flat rate of 9% on any Taxable Income that surpasses AED 375,000. However, Taxable Income below this threshold will be entirely exempt from Corporate Tax, carrying a 0% rate. The calculation for Corporate Tax on Taxable Income is as follows:
Resident Taxable persons
Taxable income not exceeding AED 3,75,000 will be charged at 0% CT.
Taxable income exceeding AED 3,75,000 will be charged at 9% CT.
Qualifying freezone persons
0% CT will be charged for qualifying persons.
9% CT will be levied on taxable income that does not meet the definition of qualifying income.