Corporate Tax in Dubai

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Corporate Tax Consultancy

Corporate Tax Consultancy

Corporate Taxation: Your Guide to Success in the UAE

We provide expert guidance on corporate tax management in the UAE, aiming to solve business tax solutions.

Corporate Tax in Dubai

Corporate tax consultancy offers professional advice to businesses, ensuring compliance with regulations, tax planning, and strategic advice to minimize liabilities, optimize tax positions, and avoid fines.

Free Corporate Tax Registration with Bookkeeping

Starting at Just AED 499/Month What is Corporate Tax Consultancy?

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We are here 24/7 to assist with business formation in Dubai, auditing, accounting, and tax services in UAE. Contact us:  +971 565539955.”

Corporate Tax Registration

The UAE's Corporate Tax Law has been amended to require company registration, with the Federal Tax Authority imposing a fine of AED10,000 for non-registered companies. The MoF announced a Corporate Tax on net profit in January 2022, which will come into effect on June 1, 2023, or January 1, 2024. The UAE government follows OECD rules and regulations. Corporate Tax is mandatory for judicial persons, foreign juridical persons, and natural persons engaged in business activities. Natural persons with a taxable income greater than AED 375,000 are subject to a 9% tax rate. Tax returns must be filed within nine months.

Why is Corporate Tax Consultancy Important in the UAE?

Corporate tax consultancy is essential for businesses to manage the complex tax landscape in the UAE. Companies ensure compliance with local laws, minimize tax liabilities, avoid penalties, and take advantage of tax benefits. Our professional service enhances financial efficiency and stability and builds stakeholder trust, supporting sustainable business growth.

How Can Mehar Business Solution Accounting Assist?

Corporate Tax in Dubai

Mehar Business Accounting provides UAE-based corporate tax consultancy services, focusing on strategic tax planning, filing returns, and ensuring compliance with tax laws. We offer in-depth tax compliance reviews, risk assessments, and advice on complex tax issues. Our services also support corporate tax registration, guiding clients through registration and helping them understand their obligations. Clients' partnership with Mehar Business Solution offers Accounting to ensure a smooth, hassle-free process for businesses.

Corporate Tax Consultant in Dubai

What is Corporate Tax Registration?

Corporate tax registration is registering a business with the tax authority to comply with regulations, obtaining a tax registration number, and providing detailed information about the company, including financial records, ownership structure, and business activities, to ensure legal compliance.

Why is Corporate Tax Registration Important in the UAE?

Corporate tax registration in the UAE is very important for legal compliance and business legitimacy. It ensures government recognition, facilitates transparency in financial reporting, builds trust with investors and regulatory authorities, and offers structured tax planning and management. We help optimize tax liabilities and support sustainable growth, ensuring businesses can operate within the legal framework.

Corporate Tax Registration Penalty

The Ministry of Finance has adjusted its Violations and Penalties for violations of Federal Decree-Law No. 47 of 2022, affecting businesses with tax periods in January or February. Starting March 1, 2024, companies will face AED 10,000 DH penalties. Registration must be completed by May 31, 2024.

Documents Required for Corporate Tax Registration

Documents Required for Corporate Tax Registration

The registration procedure requires essential paperwork, with additional actions depending on the company's structure or whether it is a foreign company.

  • Trade License Copy
  • Owners/Partners or License Holders: Valid Passport Copies
  • Owners/Partners: Valid Emirates ID
  • Power of Attorney (POA) or Memorandum of Association (MOA)
  • Contact Details of the Concerned Person - Phone and Mobile Number & E-Mail Address 
  • Company Contact Details -
  • Address and P.O Details
  • Business's Annual Financial Audit Report

Essential Information on Corporate Tax in UAE

Corporate Tax De-Registration

If your business no longer meets corporate tax registration criteria, de-register with the FTA, file mandatory documents, and clear outstanding obligations promptly to avoid payment penalties.

Corporate Tax Return Filing

UAE businesses must annually file tax returns, including income, expenditures, and tax liabilities, with proper accounting records required to comply with the FTA and avoid penalties.

Corporate Tax Rates

The standard corporate tax rate is 9% for businesses above AED 375,000 and 0% for those below, but specific industries may have different rates.

Corporate Tax Exemption

UAE businesses, including government entities, natural resource extractions, and public benefit organizations, may be partially or wholly exempt from corporate Tax, with eligibility requirements determined by the FTA.

Corporate Tax in Free Zones

Businesses in free zones can enjoy tax exemptions or lower rates but must register for corporate Tax and submit annual returns. To maintain status, they must meet local economic activity benchmarks.

Corporate Tax Registration Services

Mehar Business Solution LLC assists companies in UAE Corporate Tax registration, ensuring compliance, preventing penalties, and negotiating tax difficulties efficiently through document submission and efficient negotiation.

UAE Tax Advisor

Q: What is corporate Tax, and why is it important for businesses in the UAE?

Ans: Corporate Tax in the UAE is crucial for businesses to comply with tax laws, contribute to revenue, and promote fair competition.

Q: How does the corporate tax rate structure work in the UAE?

Ans: The UAE's corporate tax rate is 0% for taxable income up to AED 375,000 and 9% for exceeding AED 375,000, with specific requirements varying.

Q: What are the benefits of using corporate tax services for businesses in the UAE?

Ans: Corporate tax services assist businesses in accurately calculating and filing taxes, minimizing liabilities, ensuring compliance with laws, avoiding penalties, and providing professional tax advice.

Q: How many days does registration take after applying?

Ans: The registration process typically takes 5-10 working days after applying but may vary depending on the Federal Tax Authority's (FTA) processing time.

Q: How can corporate tax services assist businesses in tax planning?

Ans: Corporate tax services analyze a company's financial situation, identify tax-saving opportunities, recommend tax-efficient structures, and assist businesses in optimizing their tax positions within the legal framework.

Q: What steps are involved in the corporate tax assessment process in the UAE?

Ans: The corporate tax assessment process involves analyzing a company's activities and financial records, determining taxable income, calculating tax liability, and ensuring compliance with tax regulations.

What role do corporate tax consultants play in the UAE?

Ans: Corporate tax consultants offer comprehensive guidance on tax planning, compliance, and advisory services, assisting businesses in navigating the tax system's complexities and ensuring legal compliance.

Q: How can businesses ensure accurate corporate tax filing in the UAE?

Ans: Companies must ensure accurate corporate tax filing, maintain detailed financial records, conduct regular assessments, seek professional tax advice, and use reliable tax preparation software.

Q: How can businesses find reputable corporate tax service providers in the UAE?

Ans: Businesses should conduct thorough research, check credentials, read client testimonials, and seek industry expert recommendations to find trustworthy UAE corporate tax service providers.

Q: How to get a Certificate of Incorporation?

Ans: To register your company in the UAE, you must obtain a Certificate of Incorporation from the relevant authority, such as the Department of Economic Development.

Q: Who needs to register for Corporate Tax in the UAE?

Ans: The UAE requires all taxable entities, including Free Zone entities and exempted persons, to register for Corporate Tax under Federal Decree Law 47.

Q: What documents are required for Corporate Tax registration in the UAE?

Ans: Corporate tax registration in the UAE typically requires trade licenses, financial statements, and proof of stakeholder identification.

Q: What is the timeline for Corporate Tax registration in the UAE?

Ans: The registration window is open in advance, allowing businesses to register within specified timelines to ensure compliance with the Corporate Tax regime.