Small Business Relief Election for Corporate Tax Purposes

Who can elect for a Small Business Relief?
– Resident Person (natural person and juridical person) 

What are the Conditions for a Small Business Relief election?
* Register in Corporate Tax
* Election for each Tax Period
* Revenue equal to or less than AED 3,000,000 in current and all previous Tax Periods
* Available for Tax Periods beginning on or after 1 June 2023 and ending on or before 31 December 2026

Who cannot elect for a Small Business Relief?
* Qualifying Free Zone Person
* Member of a multinational group with consolidated group revenue more than AED 3.15 billion
* Person who artificially separates their Business into more than one entity to ensure Revenue of each entity is less than the threshold for Small Business Relief i.e. AED 3,000,000