The corporate tax rate in the UAE is 9%.
Certain types of income and businesses are tax exempt and taxation is only applied to income over a certain amount.
Companies engaged in oil and gas and petrochemical activities are subject to income tax at varying rates under their individual concession agreements or fiscal letters.
UAE’s transfer pricing provisions are contained in Chapter 10, Article 34 – 36 of the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses.