Omega Business and Management Consultancy

AVOID FINES FOR YOUR BUSINESS BY ENSURING
TIMELY COMPLETION OF THE UAE CORPORATE TAX REGISTRATION!

AVOID FINES FOR YOUR BUSINESS BY ENSURING TIMELY COMPLETION OF THE UAE CORPORATE TAX REGISTRATION!

We Offer Seamless Corporate Tax Registration Services in Dubai, ensuring compliance with Corporate Tax Registration UAE requirements.

  • Free Consultation
  • Dedicated Manager
  • Reasonable Cost
  • Post-Registration Support
+971 50 268 0307
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NOT SURE IF YOUR BUSINESS NEEDS CORPORATE TAX REGISTRATION?

​OUR TEAM WILL HELP YOU UNDERSTAND THE PROCESS OF REGISTERING FOR CORPORATE TAX ONLINE UAE.


Documents Required For Corporate Tax Registration:

  • Copy of Trade License (must not be expired).
  • Passport copy of the owner/partners who own the license (must not be expired).
  • Emirates ID of the owner/partners who owns the license (must not be expired).
  • Memorandum of Association (MOA) – Or – Power of Attorney (POA)
  • Concerned person’s contact details (Mobile Number and E-mail).
  • Contact details of the company (complete address and P.O. Box).
  • Corporate Tax Period.
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FAQs on Corporate Tax in UAE

Federal corporate tax is a tax levied on a corporation’s income or capital. It is similar to income tax for individuals but applies to businesses. Many countries impose corporate taxes at both national and state levels.

Corporate taxes are calculated based on a company’s net income or taxable income. This involves calculating all revenue streams and deducting expenses like operating expenses, depreciation, interest on loans, etc. Business management software such as TallyPrime can help with financial reports.

The new corporate tax rate in the UAE is 9 percent for businesses with a net income or taxable income of AED 375,000 or more. Small businesses with taxable income below AED 375,000 remain at a 0% tax rate.

There are exceptions to the new corporate tax, including businesses in the natural resources extraction industry, businesses in Free Trade Zones complying with regulations, individuals’ income from certain sources like real estate investments, and more.

The objectives of the new corporate tax in the UAE are to become a leading hub for business and investment, drive development and transformation, and fulfill international standards for tax transparency.

The new corporate tax rates in the UAE are 0 percent for taxable income up to AED 375,000 and 9 percent for taxable income above AED 375,000. Different rates may apply to large multinationals meeting specific criteria under the OECD Base Erosion and Profit Shifting Project.

The Tax Period for corporate tax in the UAE is normally the Gregorian calendar year (1 January to 31 December), unless a business uses a different 12-month period for financial statements.

If your business is registered for VAT, you’ll pay VAT and corporate tax separately. If your business isn’t VAT registered, you may still need to pay federal corporate tax.

Only irrecoverable input VAT may be deductible for corporate tax in the UAE. Otherwise, VAT charged or incurred doesn’t impact taxable income calculation.

To prepare for corporate tax in the UAE, understand the tax law, assess your business’s obligations, prepare necessary documents and applications, and keep updated on official guidelines. Use accounting software to manage your business and tax requirements effectively.

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