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Corporate Tax Registration in the UAE

With the introduction of Corporate Tax in the UAE, all taxable entities must ensure they are registered with the Federal Tax Authority (FTA) and obtain a Corporate Tax Registration Number. This requirement is crucial for compliance with the UAE Corporate Tax Law and the decisions implemented by the UAE Ministry of Finance (MOF).

Corporate Tax Registration in the UAE

With the introduction of Corporate Tax in the UAE, all taxable entities must ensure they are registered with the Federal Tax Authority (FTA) and obtain a Corporate Tax Registration Number. This requirement is crucial for compliance with the UAE Corporate Tax Law and the decisions implemented by the UAE Ministry of Finance (MOF).

A Step-by-Step Guide

Who Needs to Register for Corporate Tax?

  • Corporations and Legal Entities:
    • Any corporation or legal entity based in the UAE or having its primary management and operations within the UAE must register.
  • Individuals Engaged in Business:
    • Individuals engaged in a business or business activity within the UAE are also required to register.
  • The FTA may also mandate certain exempt persons to register, depending on their activities and turnover.
  • The deadlines for applying for Corporate Tax Registration are based on the month in which the business license was issued. Here is the schedule:

    • January or February: Apply by May 31, 2024
    • March or April: Apply by June 30, 2024
    • May: Apply by July 31, 2024
    • June: Apply by August 31, 2024
    • July: Apply by September 30, 2024
    • August or September: Apply by October 31, 2024
    • October or November: Apply by November 30, 2024
    • December: Apply by December 31, 2024
  • For Juridical Persons Without a License by 1 March 2024:
    • Must apply within three months from this date, i.e., by May 31, 2024. If multiple licenses are held, use the earliest license issuance date to determine the deadline.
  • For Juridical Persons Incorporated After 1 March 2024:
    • Must apply for Corporate Tax registration within three months from the date of incorporation, establishment, or recognition.
  • For Natural Persons:
    • Resident Persons: Must register by March 31 of the following year if they exceed the turnover threshold in 2024.
    • Non-Resident Persons: Must register within three months from the date they meet the conditions to be a taxable person.

Steps for Corporate Tax Registration

  1. Preparation:
    • Gather all necessary documents, including business licenses, financial records, and identification details.
  2. Application:
    • Submit the registration application through the FTA’s online portal, providing accurate information about your business activities and turnover.
  3. Verification:
    • The FTA will review the application and verify the details. Ensure all provided information is correct to avoid delays.
  4. Receipt of Registration Number:
    • Once approved, you will receive your Corporate Tax Registration Number. Keep this number for future tax filings and compliance.
  5. Compliance:
    • Ensure you understand your obligations under the UAE Corporate Tax Law, including annual return filings and payment of taxes.

Mantraa Advisory Service Support

Expert Assistance:

  • Mantraa Advisory Service   provides comprehensive support for Corporate Tax Registration, ensuring you meet all deadlines and comply with UAE regulations.

Services Offered:

  • Consultation: Expert advice on registration requirements and procedures.
  • Document Preparation: Assistance with gathering and preparing necessary documents.
  • Application Submission: Help with submitting your registration application through the FTA portal.
  • Ongoing Support: Continued guidance on compliance and reporting requirements.

 

You need to

Get in Touch

 For more information or to get started with your Corporate Tax Registration

Get In Touch

 For more information or to get started with your Corporate Tax Registration