What Are the Benefits?
- 0% Corporate Tax : Your business will be treated as having no taxable income, even if it earns a profit.
- Simplified Compliance : You do not need to calculate taxable income or apply complex adjustments.
- Valid Until 31 December 2026 : Relief is available for tax periods starting from 1 June 2023 up to 31 December 2026.
Key Points to Remember
- You must actively elect to apply for Small Business Relief in your tax return—it is not automatic.
- You must still register for corporate tax, file annual returns, and maintain proper records.
- Splitting business revenue artificially to stay under the AED 3 million threshold is prohibited and subject to penalties.
Need Assistance?
If you’re unsure whether your business qualifies or need help with the election process, our team is here to guide you every step of the way.