Dubai VAT - Dubai Corporate Income Tax - Dubai Tax Return Services - Dubai Company Accounting and Tax Return Audit

Tax Types & Rates Across GCC Countries

	UAE	Saudi Arabia	Bahrain	Oman	Qatar	Kuwait
Corporate Tax	9% (note 1)	20% (note 2)		15%	10%	15%
Capital Gains		20%		15%	10%	15%
Withholding Tax		5-20%		10%	5%	(note 3)
Transfer Pricing				(note 4)
Thin Capitalization
Country-by-Country Reporting						Pending
Economic Substance
VAT	5%	15%	10%	5%	Pending	Pending
Customs Duty	5%	5%	5%	5%	5%	5%
Excise Tax	50-100%	50-100%	50-100%	50-100%	50-100%	Pending
Social Security
Property Tax		5%

Controlled Foreign Company Rules

General Anti-Avoidance Rules (GAAR)

Personal Income Tax

Inheritance Tax

Transfer Tax

Stamp Duty

Notes:

From 1 June 2023, 9% corporate tax applies to mainland businesses with taxable profits exceeding AED 375,000.

2.5% Zakat is levied on higher of adjusted net profit or net asset value for Saudi/GCC shareholders.

5% withholding tax on foreign payments, exempt with Kuwait Tax Clearance Certificate.

Related-party transactions require arm's length valuation without official methodology guidance.

Our expert team addresses common questions from individuals worldwide about Tax Services

How can accounting services help with tax compliance in Dubai?

Accounting service providers ensure your tax reporting is accurate and help you identify tax exemptions under various schemes. We ensure your business complies with UAE tax laws. (Provided by Adam)

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What is the difference between accounting and bookkeeping?

Accounting is an umbrella term that covers a wide range of financial services, including analysis and strategy. Bookkeeping, on the other hand, focuses primarily on recording and monitoring financial transactions. (Provided by Adam)

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Do you need an accountant to keep your books?

Yes, hiring an accountant or bookkeeper ensures that your financial records are up to date and free of any errors. An accountant can also ensure that your business financial statements comply with tax laws and obligations. (Provided by Adam)

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What is the UAE consumption tax?

The UAE began implementing a consumption tax in 2017. This tax is an indirect levy ultimately shouldered by consumers. It applies to specific goods harmful to human health or the environment, such as tobacco products, energy drinks, carbonated beverages, and sugary drinks.

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