Corporate Tax Law - Taxable Person

We would like to remind of the basis of the Corporate Tax Law – Taxable Person.

A Taxable Person can be a Resident or a Non-Resident Person

Resident Person

* Natural Person who conducts taxable Business or Business Activity in the UAE
* Juridical Person:
 – Incorporated, established or recognised under the laws of the UAE (Includes a Free Zone Person) – Incorporated, established or recognised under the laws of a foreign jurisdiction and is effectively managed and controlled in the UAE

Non-Resident Person

Person who is not a Resident Person and meets any of the following conditions:
– Has a Permanent Establishment in the UAE
– Derives UAE Sourced Income
– Has a nexus in the UAE (for juridical persons only)