Recently, a great deal of misleading information has been circulating regarding corporate taxation in Dubai. Many people still believe that all businesses in the United Arab Emirates are automatically tax-exempt, whilst others claim that a flat-rate corporate tax of 9% now applies to all companies.
The reality is far more complex than that—and in many cases, far more favourable too.
There are currently three different schemes in the Emirates under which a corporate tax rate of 0.1% is available, provided certain conditions are met.
One of the most important of these is the Small Business Relief scheme, which supports small businesses.
