Navigating the process of registering for corporate tax UAE can be complex. With the introduction of Federal Decree-Law No. 47 of 2022, businesses operating in the UAE must comply with new corporate tax UAE regulations. This guide explains the steps required to register for corporate tax in UAE, ensuring your business is fully compliant with the latest statutory requirements.
We’ll walk you through the entire registration process, from creating an account on the Federal Tax Authority’s (FTA) portal to submitting the required documentation for it.
With this step-by-step guide, you’ll have a clear understanding of the essential procedures and obligations to successfully register your business for it, giving you confidence in managing this new regulatory landscape.
Process to Register for Corporate Tax UAE
1. Create an Account on the Federal Tax Authority’s Portal
To begin your registration for corporate tax UAE, you need to create an account on the EmaraTax platform. This online service portal, provided by the FTA, is accessible 24/7 and is the primary platform for all corporate tax UAE services. New users must register with an email ID and phone number.
For those with an existing FTA account, your details, including any draft returns or declarations, will be transferred to EmaraTax. The first time you log in, you’ll be prompted to reset your password. The platform is integrated with UAE Pass to enhance user experience. If you need assistance, refer to the EmaraTax FAQ page.
2. Select Entity Type and Submit Entity Details
Once on EmaraTax, you must select your entity type, as registration requirements differ for natural persons and legal entities under corporate tax in UAE. After choosing the correct entity type, you must provide details such as your trade license and the Emirates ID or passport of the authorized signatory.
3. Add Business Activities and Owners
During registration, you must provide detailed information about your business activities and owners. This helps the FTA assess your business for corporate tax UAE purposes under Federal Decree-Law No. 47 of 2022.
4. Complete the Online Application Form
You must fill out an online application form that gathers all necessary information for your corporate tax UAE registration. Ensure the form is completed accurately to avoid any delays.
5. Submit Required Documents
In addition to the application form, you must submit certain documents, such as your trade license and the Emirates ID or passport of the authorized signatory for corporate tax in UAE. The FTA accepts documents in PDF and Word formats, with a maximum file size limit of 5MB.
6. Review and Declaration
Before submitting your application for corporate tax UAE, review all the information and documents provided. This declaration confirms the accuracy of your submission, as errors could result in delays or rejection.
7. Confirmation and Receipt of Tax Registration Number (TRN)
After submitting your application, the FTA will process it within approximately 20 business days. Once approved, you’ll receive your Corporate Tax Registration Number (TRN), essential for fulfilling your corporate tax UAE obligations.
Required Documentation for Registration
1. Financial Records and Statements
Detailed financial records and statements must be provided during corporate tax in UAE registration. These records must outline your company’s income, expenses, and other financial transactions.
2. Legal Documents of the Company
You must also provide legal documents, including a current Trade Licence and either the Memorandum of Association (MOA) or Articles of Association (AOA) to complete corporate tax in UAE registration.
3. Identifying Information of Business Owners
Submit valid passport copies and Emirates IDs for all owners, partners, or shareholders as part of corporate tax UAE requirements.
Who Has to Register for Corporate Tax UAE?
1. Types of Businesses Subject to Corporate Tax UAE
Businesses operating under a commercial license, such as banks, real estate firms, and construction companies, must comply with corporate tax UAE regulations. The FTA manages the enforcement and collection of corporate tax UAE.
2. Exemptions and Exceptions
Certain entities, such as those involved in natural resource extraction, qualifying public benefit entities, and investment funds, are exempt from corporate tax UAE.
Compliance and Reporting Obligations
1. Tax Filing Deadlines
Entities must file their corporate tax UAE returns within nine months after the close of their financial year to avoid penalties.
2. Mandatory Disclosure Requirements
Businesses are required to disclose detailed financial information to ensure compliance with corporate tax UAE regulations.
Ready to Embrace Compliance
By following the steps outlined above, your business can confidently navigate the Business Setup Dubai registration process. Timely registration ensures compliance with the UAE’s global tax standards and helps maintain the integrity of your business operations under corporate tax UAE.
