Who Pays UAE Corporate Tax? Types of Taxable Persons & Late Registration Penalties
let's dive deeper into who needs to pay attention to the UAE's "Business Fees" (Corporate Tax), thinking of the UAE as a huge, bustling city where different types of "players" operate. Who are the Different "Players" in the UAE Business Game? The UAE tax rules look at different types of "persons" (meaning, legal identities) to figure out who needs to pay "Business Fees" (Corporate Tax). Think of it like different kinds of members in a very big, important club. Here are the main types of "players" the UAE identifies: The "Main Local Business Clubs" (Resident Juridical Persons) Who they are: These are the most common businesses you see – like the big companies (LLCs), partnerships, or foundations that are officially set up and have their main home right here in the UAE . They're like the school's own Robotics Club, built and living within the school. Do they pay "Business Fees"? YES, mostly...