As of now, it is uncertain if the new Corporate Tax plan would have a substantial effect on enterprises in the free zones. According to early indications, free zone enterprises may be liable to the federal Corporate Tax on revenues from operations in the UAE. Offshore income may not be taxed.
UAE Corporate Tax reforms may impact your company as well. Consult a tax professional to prepare for the transfer. UAE enterprises may request a federal tax audit from Corporate Tax accountant.
We are here to assist you every step of the way. So, use our Corporate Tax consultants and start getting ready for the new Corporate Tax in the UAE.