UAE Taxes Explained: Everything You Need to Know

In June, 2023, business rules for foreign entrepreneurs changed. The UAE has opened a new chapter in its tax regulation book and implemented a corporate tax. All companies are now required to register with the Federal Tax Authority, file tax returns, and pay taxes.

In 2024, businesses in the UAE must sign up for corporate tax. The new obligation to pay tax on business profits applies to most categories of entrepreneurs in the Emirates, which we will discuss in more detail below.