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We are aware that from June 1, 2023, the first day of the fiscal year, the UAE would apply a Corporate Tax (CT). Everyone is arguing and trying to determine how CT affects people, companies, the government, and the economy as a whole.

Companies Covered Under Corporate Tax

Companies covered under Corporate Tax includes:
UAE native companies or domestic companies.
Foreign companies that have a permanent establishment (PE) in the UAE.
Non-resident companies that carry out business activities or profit from a source in the UAE.

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