Register for Corporate Tax

In the United Arab Emirates (UAE), it is mandatory for all eligible Taxable Entities, including individuals conducting business within Free zones, to register for Corporate Tax.

Corporate Tax Registration Deadlines in the
UAE have been announced!

Fines of 10,000 AED will be levied for late Registration

As of March 1, 2024, a new law has been introduced outlining clear timelines for Corporate Tax registration in the UAE. Whether you’re a resident or non-resident entity, or a natural person conducting business activities, it’s crucial to stay informed. Here’s what you need to know:

📅 Resident Juridical Persons: Deadlines vary based on license issuance:
Date of License issuance irrespective of the Year of Issuance Deadline for submitting a Tax Registration Application
January 1st - January 31st 31st May 2024
February 1st - February 28th/29th 31st May 2024
March 1st - March 31st 30th June 2024
April 1st - April 30th 30th June 2024
May 1st - May 31st 31st July 2024
June 1st - June 30th 31st Aug 2024
July 1st - July 31st 30th Sep 2024
Aug 1st - Aug 31st 31st Oct 2024
Sep 1st - Sep 30th 31st Oct 2024
Oct 1st - Oct 31st 30th Nov 2024
Nov 1st - Nov 30th 30th Nov 2024
Dec 1st - Dec 31st 31st Dec 2024
Where a person does not have a license at the effective date of this Decision (3) months from the effective date of this Decision

Natural Persons

Resident Persons exceeding turnover threshold must register by March 31st of the subsequent year. Non-Resident Persons meeting the same criteria must register within three months of becoming subject to tax.

Penalty Alert:

Failure to register within deadlines results in a penalty of AED 10,000. Ensure compliance to avoid financial implications and adhere to tax regulations in the UAE.

Why is Corporate Tax Registration necessary in the UAE?

Why is Corporate Tax Registration necessary in the UAE?

The registration is mandatory for both profit-making and loss-incurred enterprises, and businesses are required to obtain a Tax Registration Number. The standard statutory tax rate is 9% on taxable income above AED 375,000, while taxable income up to AED 375,000 is charged at 0%.

Timeline For Registration

The registration process began in early 2023, and businesses must register for Corporate Tax within a specific timeline. The registration application must be submitted to the Federal Tax Authority, and taxable businesses must file a tax return to the FTA no later than nine months after the end of the financial year. The UAE’s corporate tax law is designed to meet international tax standards and foster economic growth and stability.
Explaining the process and benefits of internal audits.

Exemptions From Corporate Tax Registration

Exemptions are available for certain entities, such as government entities, government-controlled entities, and small businesses with revenue of AED 3 million or less. The UAE’s corporate tax law is designed to meet international tax standards and foster economic growth and stability. Now you can register for Corporate Tax with our comprehensive Registration services that are designed to guide businesses across the Mainland and Freezones through the intricacies of compliance with the Federal Tax Authority (FTA).

Register For Corporate Tax Services​

Whether your company is new to the UAE market or has been a long-standing participant, Registering for Corporate Tax is now mandatory. This requirement stands irrespective of previous VAT registrations with the FTA. Our services ensure your business aligns seamlessly with these new regulations.

Simplified Process for Branches

For companies operating across multiple Emirates, our streamlined approach ensures that your branches are correctly registered under the main license (head office). This efficiency eliminates the need for multiple registrations, ensuring a hassle-free compliance process.

Registration for Mainland and Freezone Businesses

Whether your company is new to the UAE market or has been a long-standing participant, Registering for Corporate Tax is now mandatory. This requirement stands irrespective of previous VAT registrations with the FTA. Our services ensure your business aligns seamlessly with these new regulations.

Corporate tax registration process in UAE for accurate financial reporting

 

Eligibility for Tax Group Formation

Businesses in the UAE now have the opportunity to register as part of a Tax Group, offering potential administrative ease and financial benefits. To qualify, your business must meet specific criteria:

  • The parent company should hold at least 95% of share capital and voting rights in its subsidiaries.
  • Entitlement to a minimum of 95% of profits and net assets of subsidiaries.
  • Adherence to uniform financial years and accounting standards across all group entities.

Why Choose Our Corporate Tax Registration Services?

Expert Guidance
Navigate the new tax landscape with our experienced tax professionals.
Comprehensive Compliance
Ensure your business meets all FTA requirements efficiently.
Streamlined Processes
Simplify the registration process for your head office and branches.
Tax Group Formation
Assess and facilitate your eligibility for forming a Tax Group.
Stay ahead in the UAE's evolving corporate landscape with our specialized Corporate Tax Registration services. Contact us today to ensure your business is compliant and well-positioned for the future.