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Latest News
Federal Tax Authority to waive penalty for late corporate tax registration
FTA Clarifies Corporate Tax Exemptions of Investors in REITs as a Qualified Fund
H.H. Sheikh Maktoum chairs FTA Board Meeting to Review KPIs, Achievements and Future Plans for the Improvement of the Tax System
FTA intensifies its efforts to raise awareness about the importance of Corporate Tax registration
Federal Tax Authority calls on registrants to benefit from ‘grace period’ up to end of March to update tax records to avoid administrative penalties
Federal Tax Authority launches "Family Foundations as an Unincorporated Partnership" application via EmaraTax Digital Platform
FTA urges Natural Persons to promptly register for Corporate Tax before the end of March 2025

Corporate Tax

Basis of Taxation - Natural Person

A Natural Person is subject to Corporate Tax only if: 
 
  • They Conduct Business or Business Activity in the UAE; and
  • Total Turnover derived from Business or Business Activities exceeds AED 1 million within the calendar year (Jan to Dec)

 

Sources generating the following income streams are not considered as Business or Business Activities:
  • Wages  
  • Personal Investment Income 
  • Real Estate Investment Income

 

 

Natural Persons should not register if: 

  • they do not conduct a Business or Business Activity in the UAE; or
  • conduct a Business or Business Activity generating a turnover not exceeding AED 1 million
 
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Page last updated: : May 06, 2024
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