UAE Corporate Tax Calculator 2024
Calculate Mainland & Free Zone Corporate Tax (2024 Period)
Introduction
🎯 What
Estimates tax liability for businesses with financial years starting on or after 1 June 2023, falling into the 2024 tax period.
👥 Who
Mainland companies, Free Zone entities, and businesses operating in UAE seeking to assess 2024 tax impact.
💡 Why
To calculate expected returns, plan cash flow, and ensure compliance with Federal Decree-Law No. 47 of 2022.
🏢 Business Profile
📊 Income & Expenses
Taxed at 0%
Taxed at 9%
⚙️ Adjustments (Optional)
💵 Tax Liability
UAE 2024 Corporate Tax Rates
| Category | Condition | Rate |
|---|---|---|
| Standard (Mainland) | Income ≤ AED 375,000 | 0% |
| Standard (Mainland) | Income > AED 375,000 | 9% (on excess) |
| Free Zone (Qualifying) | Qualifying Income | 0% |
| Free Zone (Qualifying) | Non-Qualifying Income | 9% |
| Small Business Relief | Revenue ≤ AED 3M | 0% |
Calculation Examples
Example 1: Small Business (Below Threshold)
Income: AED 350,000 | Deductions: AED 50,000
Taxable Income: AED 300,000 (350k - 50k)
Tax: 0% (Since taxable income ≤ AED 375,000)
Total Tax: AED 0
Example 2: Medium Business
Income: AED 1,000,000 | Deductions: AED 100,000
Taxable Income: AED 900,000
Tax Calculation:
- First 375,000: Exempt
- Remaining 525,000: 525,000 × 9% = 47,250
Total Tax: AED 47,250
Example 3: Qualifying Free Zone
Income: AED 2,000,000 (Qualifying)
Deductions: AED 500,000
Status: Qualifying Free Zone Person (Compliant)
Total Tax: AED 0
Frequently Asked Questions
Q: Are all UAE companies taxed at 9%?
A: No. Taxable income up to AED 375,000 is taxed at 0%. Only the portion above this threshold is taxed at 9%, unless specific exemptions apply.
Q: Can past losses reduce my tax?
A: Yes, tax losses incurred can offset future taxable income, up to 75% of tax income in subsequent tax periods.
Q: Is corporate tax mandatory for GCC-origin entities?
A: Generally, entities earning income in UAE are taxable. However, GCC-origin entities may claim exemptions if meeting specific criteria; consult legal advice for confirmation.
Disclaimer: This UAE Corporate Tax Calculator 2024 is for informational purposes only. Results are based on Federal Decree-Law No. 47 of 2022. Final tax liability may vary based on FTA guidance and specific business circumstances.