Tax

The UAE currently has no system of federal income taxation. Instead, most of the emirates – including Dubai – enacted their own corporate tax decrees in the late 1960s. These emirate-level corporate tax decrees are of general application and remain in force as amended. These decrees are similar in nature and text, and deal in broad terms with the identities of taxable persons, rates, administration, computation of taxable profits and loss relief. The decrees limit the scope of taxation to “bodies corporate” carrying out a trade or business in the respective emirates. This chapter contains a viewpoint from Mark Schofield, Partner, PwC Middle East Tax & Legal Services Leader.
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ICT, from The Report: Dubai 2019
First article from this chapter and report:
What makes the tax framework of the UAE so business-friendly?
Cover of The Report: Dubai 2019

The Report

This chapter is from the UAE: Dubai 2019 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Mark Schofield, Partner, PwC Middle East Tax & Legal Services Leader
Mark Schofield, Partner, PwC Middle East Tax & Legal Services Leader: Viewpoint