Is Your UAE Company Qualified for Small Business Relief Under UAE Corporate Tax?

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-??????? What is Small Business Relief?

Small Business Relief is an optional relief available to small businesses in the UAE, who are resident persons for corporate tax purposes. It is provided in order to reduce the compliance requirements and procedures during the initial years of the corporate tax regime.

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-??????? Eligibility conditions for Small Business Relief

-??????? In order to be able to elect for Small Business Relief, a Person must be a Resident Person for Corporate Tax purposes and have Revenue of less than or equal to AED 3,000,000 in the relevant Tax Period and any previous Tax Periods.

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-??????? Restriction to Tax Periods ending on or before 31 December 2026

Small Business Relief will be available for Tax Periods that begin on or after 1 June 2023. Small Business Relief will be available for Tax Periods that end before or on 31 December 2026 in which the Revenue in the relevant Tax Period and all previous Tax Periods was less than or equal to AED 3,000,000

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-??????? Who cannot elect for the Relief??

·??????? A Qualifying Free Zone Person

·??????? A member of a multinational group with consolidated group revenue of more than AED 3.15 billion

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Maintain Compliance and Awareness

-??????? [email protected]

-??????? ?? +971 50 192 1776

-??????? ?? www.expand. company

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