Corporate Tax Liability for FY24
Amount (AED): 0
Tax Rate (%): 0
Applicable on profits over AED 375000
* If Turnover is less than or equal to AED 3 Million then Taxable Person is exempt from filling return under small business relief.
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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