Corporate Tax Services In Dubai | Singiri Auditing

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The UAE Corporate Tax: A Comprehensive Guide to Registration and Compliance
The United Arab Emirates (UAE) has officially implemented a federal corporate tax on the net profits of businesses, effective for financial years beginning on or after June 1, 2023. This major reform signifies a shift in the UAE's traditionally tax-free business environment, aligning it with global standards of transparency, fiscal responsibility, and international cooperation on tax matters.

The introduction of the corporate tax (CT) system is intended to support the country’s long-term development, reduce reliance on oil revenue, and ensure a fair contribution from profitable enterprises toward national growth. Whether you are a small startup, a growing SME, or a multinational corporation operating in the UAE, understanding and complying with the new tax regulations is now a legal obligation.

The Federal Tax Authority (FTA) has been appointed as the regulatory body overseeing this new regime. The first step toward compliance is proper registration, which must be completed through the FTA’s official digital platform — the EmaraTax ...
... portal.

Step-by-Step Guide to Corporate Tax Registration
Registering for corporate tax is a mandatory and streamlined online process via the EmaraTax system. Here's how to get started:

1. Accessing the EmaraTax Portal
To initiate the registration, visit the EmaraTax portal. Existing users can log in using their current credentials or via UAE Pass, the country’s official digital ID platform. New users will need to create an account first.

Once logged in, navigate to the dashboard, locate the "Corporate Tax" tile, and click on “Register” to begin your application.

2. Providing Entity and Identification Details
You’ll be prompted to select your business’s legal entity type, such as:

LLC (Limited Liability Company)

Sole Proprietorship

Free Zone Company

Foreign Branch or Representative Office

Next, fill in essential company details:

Legal name in both Arabic and English

Trade license number and issuing authority

Date of incorporation

Business activities as per the trade license

You must upload a scanned copy of your valid trade license and ensure that all listed activities are accurate and current.

3. Owner and Branch Information
If your business has multiple stakeholders, you are required to disclose the ownership details for individuals or entities holding 25% or more of the business. Include their Emirates ID or passport details.

If your company operates across multiple branches, you don’t need to register each branch individually. A single registration under the head office suffices. Just include each branch’s trade license number and the nature of its business activities in the application.

4. Contact and Authorized Signatory Details
Accurate and up-to-date contact information is essential, including:

Physical address

Phone number

Official business email address

You must also appoint an authorized signatory who will be responsible for all communication with the FTA. Upload proof of authorization, such as a Power of Attorney (POA), Board Resolution, or Memorandum of Association (MOA).

5. Review and Submit
Before submitting the application, carefully verify all the information in the “Review and Declaration” section. Once satisfied, submit the application. You will receive a unique reference number, which you should retain for all future correspondence with the FTA.

Upon verification, the FTA will issue a Tax Registration Number (TRN) and a Corporate Tax Registration Certificate — formalizing your compliance status under the new UAE tax regime.

Required Documents for Corporate Tax Registration
To ensure a smooth and hassle-free registration, keep the following documents ready:

Valid Trade License

Memorandum of Association (MOA) or equivalent legal document

Emirates ID or passport copies of all owners

Most recent audited or management financial statements

Corporate bank account details, including IBAN and a stamped bank letter

Authorization documents for the appointed representative or signatory

Providing accurate and complete documentation from the outset reduces the risk of delays or rejections.

UAE Corporate Tax Rates Explained
The UAE has adopted a tiered corporate tax rate system that ensures small and growing businesses enjoy relief while profitable entities contribute fairly:

0% on taxable income up to AED 375,000

9% on taxable income exceeding AED 375,000

Special Provision for Free Zone Entities
Qualifying Free Zone Persons (QFZPs) may still benefit from a 0% corporate tax rate on their "Qualifying Income", provided they meet specific criteria. To maintain this status, businesses must:

Have adequate economic substance in the Free Zone

Not elect to be subject to regular corporate tax

Comply with transfer pricing and arm's length rules

Generate income from qualifying activities like manufacturing, holding company activities, and certain intra-group transactions

Non-qualifying income or failure to meet these conditions may trigger the standard 9% rate.

Compliance, Filing Deadlines, and Penalties
Staying compliant involves more than just registration. Businesses must also file accurate returns and pay any due taxes within the prescribed deadlines.

Key Filing Deadlines:
The corporate tax return must be filed within 9 months from the end of the relevant financial year.

For example, if your financial year ends on December 31, 2024, your tax return and payment are due by September 30, 2025.

Penalties for Non-Compliance:
Non-compliance can result in substantial financial consequences, including:

AED 10,000 for failing to register for corporate tax by the required deadline

AED 500 per month for late filing in the first 12 months

AED 1,000 per month for continued delay after the first year

Additional penalties for inaccurate disclosures, late payment of tax dues, and failure to maintain proper records

These penalties underscore the importance of timely registration, accurate filings, and well-maintained accounting records.

Professional Support for Seamless Compliance
Navigating the complexities of the UAE's new corporate tax system can be overwhelming, especially for new businesses or companies unfamiliar with local regulations. Engaging the services of a qualified tax agent or audit firm ensures compliance, reduces risk, and provides peace of mind.

Why Choose Singiri Auditing’s Corporate Tax Services in Dubai?
At Singiri Auditing, we go beyond basic compliance to provide a full spectrum of corporate tax services tailored to your business needs. Here's what sets us apart:

End-to-End Registration Assistance: We handle the entire process — from account creation to successful TRN issuance.

Strategic Tax Planning: Our tax advisors offer custom strategies to optimize tax liabilities while ensuring full legal compliance.

Timely Filing and Documentation: We guarantee accurate and timely submissions to avoid penalties and reputational risks.

Support for Free Zone Companies: We help you evaluate and maintain Qualifying Free Zone Person status to benefit from 0% tax rates.

Ongoing Advisory: With regular updates, regulatory changes, and financial guidance, we remain your trusted partner throughout the year.Contact Us:
https://singiriandco.com/corporate-tax-uae/

E-mail:singiriandco@gmail.com
#M006, Omar Mohd Bin Dhaher Bldg, Next to Bangalore Empire rest. Al Qusais 1, Dubai - UAE, PO BOX: 13334
+971 58 932 0410