GEOTAX
GEOTAX FOR TAX CONSULTANT CO. L.L.C.: “Société de conseil fiscal enregistrée à Dubaï, spécialisée dans la fiscalité France-Émirats Arabes Unis. Les questions de droit fiscal français sont traitées sous la responsabilité de Me Jonathan Sémon, avocat au Barreau de Paris.”
What is the corporate tax rate in the United Arab Emirates?
“Since June 2023, the United Arab Emirates has applied a 9% corporate income tax on annual profits exceeding AED 375,000. Free Zone companies may benefit from a 0% rate on their qualifying income if they meet the QFZP conditions.”
View in the company profileHow do I obtain a tax residency certificate in the UAE?
“The Tax Residency Certificate (TRC) is issued by the Federal Tax Authority (FTA) on the basis of the criteria and evidence applicable to the request.”
View in the company profileDoes exit tax apply when relocating to Dubai?
“Yes. For the unrealised-gain compartment, French exit tax (article 167 bis of the French General Tax Code) applies in particular where you have been French tax resident for at least six of the ten years preceding departure and your holdings meet the statutory thresholds (at least 50% of one company's profits or an aggregate value exceeding EUR 800,000).”
View in the company profileDo I need a local partner (sponsor) to form a company?
“This depends on the chosen regime. In Free Zones, you can own 100% of the capital without a local partner.”
View in the company profile
More information from this source
- GEOTAX FOR TAX CONSULTANT CO. L.L.C.
“Société de conseil fiscal enregistrée à Dubaï, spécialisée dans la fiscalité France-Émirats Arabes Unis. Les questions de droit fiscal français sont traitées sous la responsabilité de Me Jonathan Sémon, avocat au Barreau de Paris.”