Corporate Tax Liability for FY24
Amount (AED): 0
Tax Rate (%): 0
Applicable on profits over AED 375000
* If the turnover is less than or equal to AED 3 million, the taxable person is required to file a simplified corporate tax return under the Small Business Relief initiative, with no corporate tax payable.
We have assumed that if the expected revenue/turnover is less than or equal to AED 3 million, the revenue/turnover was also less than AED 3 million in all previous years.
The above calculation is based on the provisions of law published by the FTA authority. These provisions are subject to frequent changes. Virtual Accountants LLC is not liable for any fines or penalties incurred by the user as a result of using this calculator.
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