How high are the corporate income tax in UAE?
UAE doesn’t impose federal corporate income tax, hence, it may vary from one emirate to another.
- Although all companies may be required pay CIT, in practice, only companies engage in oil-related business activities and foreign banks branches are charged for CIT
- Those engaged in oil-related businesses is taxed up to 55% while branches of foreign banks are taxed at 20%
What Double-tax treaties has UAE?
To help its investors avoid payment of tax twice, UAE also entered into various Double Taxation Agreements with the following:
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