Corporate Tax Registration
Your business has a mandatory obligation to register for UAE Corporate Tax prior to June 1st 2023. Our qualified and experienced team has helped scores of companies to navigate the FTA procedures successfully register and deregister their Tax registration applications.
As an FTA Approved Muwafaq Tax Agency Partner, our service packages comply to UAE Tax Legislative and FTA Muwafaq principals.
Successful registration with the FTA requires a thorough preparation of documentation. Failure to provide an accurate or complete filing can lead to delays and possible administrative penalties.
Speak to one of our advisors to help navigate the registration requirements and allow you to experience a stress free process.
*Initial Consultation is FREE
What Sets Our Service Apart
FTA Procedure Understanding
How We Deliver
We will review your situation and assess the eligibility for the Legislation requirements
Our consultants will prepare a complete set of documentation for submission
If there are any clarifications, we take care of resolving these with the FTA
Quality Controlled Delivery
Our service delivery is controlled through our mobile app and portal. We ensure you have access to a team to collaborate and consistently execute your requirements.
Is your business eligible to register and file for UAE Corporate Tax?
All businesses or individuals conducting commercial activities are subject to Corporate Tax Legislation. Corporate Tax will not apply to an individual’s salary and other employment income. However, individuals who are deriving income as a business activity would be covered under Corporate Tax.
A narrow scope of entities is exempt from Corporate Tax such as Government entities or extractive businesses (upstream oil and gas sector).
Your are not VAT registered, is registration for UAE Corporate Tax still necessary?
Corporate Tax is a distinct and separate obligation to VAT. No minimum turnover threshold is applied and you must register and fulfill your obligations under the Corporate Tax Law. VAT registration is not required to meet your Corporate Tax obligations.
When is registration required and how long will it take?
The effective date for UAE Corporate Tax is June 1st 2023. You should ideally register and obtain your tax registration prior to this date. The process may take some time, it is likely the FTA will prioritise applications for those registrants with financial years ending 31st May 2023.
Are Free Zones Exempt from UAE Corporate Tax registration?
The Corporate Tax Law still applies to Free Zones and is not automatically exempt. Free Zone companies must register for Corporate Tax and fulfill obligations under the Corporate Tax law including payment for taxes (unless the Free Zone entity meets the qualifying requirements for a 0% exempt entity)
What are the conditions to form a Tax Group?
If you operate several entities, you can register as a Tax Group. If the parent company holds at least 95% of the share capital and voting rights of the subsidiaries. Neither the parent company nor any of the subsidiaries can be an Exempt Person/ Free Zone Person that benefits from the 0% Corporate Tax rate. Under a Tax Group, the parent company will be responsible for the administration and payment of Corporate Tax on behalf of the tax group
Corporate Tax Resources
The Guide provides further updates and specific reliefs to support start-ups and other small or micro businesses by reducing their corporate tax burden and compliance costs.
The Cabinet Decision addresses a wide range of updates to the Tax Procedures affecting taxpayer obligations and processes subject to FTA enforcement.
This Decision specifies administrative penalties that will be imposed by the FTA for violations related to the Corporate Tax Law effective as of 1st August 2023.
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