Corporate Tax in UAE 2023
Credence 3 tips of the day!
Small Business Relief (SBR) in Corporate TAX:
1. UAE Resident Persons whose Revenue does not exceed AED 3,000,000 can apply for SBR, Excluding QFZP.
2. Eligible Person required to register for Corporate Tax and file simplified tax return.
3. Eligible person not liable to pay corporate tax , required to maintain records and documents for 7 years.