AED 3 million revenue threshold remains unchanged
Under the updated decision, the existing AED 3 million annual revenue threshold for Small Business Relief remains unchanged. Businesses that meet the applicable eligibility conditions can continue to benefit from the relief for tax periods ending on or before 31 December 2029.
The extension does not change the existing revenue threshold, but extends the period during which eligible businesses can access the relief, subject to the applicable conditions under UAE Corporate Tax legislation.
What businesses should consider
The extension provides continued certainty for businesses that currently qualify for Small Business Relief and for eligible businesses assessing their Corporate Tax obligations.
Businesses with annual revenue within the AED 3 million threshold should review their eligibility and ensure they continue to meet the relevant requirements to benefit from the relief. Maintaining clarity on eligibility and applicable Corporate Tax requirements will remain important as businesses prepare for their respective tax periods.
The extension offers eligible small businesses continued access to an existing Corporate Tax relief measure while providing greater clarity on its availability through 31 December 2029.
