Welcome to SIAA

SIAA
Contact Us
documents required for corporate tax

Documents required for Corporate Tax Registration in UAE

For businesses and qualifying Free Zone Persons in the UAE, submitting the necessary documents for corporate tax registration is essential to ensure compliance. These documents must be legitimate and reliable to gain approval from the Federal Tax Authority (FTA). If you’re seeking corporate tax registration services, contact Square International Auditing, the leading Corporate Tax Service Provider in the UAE.

The UAE has introduced a 9% corporate tax on company profits, with a threshold set at AED 375,000. Businesses gearing up for this corporate tax implementation must grasp critical administrative requirements, including corporate tax registration, deregistration, filing of tax returns, and payment.

Engaging with corporate tax consultants in Dubai can provide business owners with valuable insights into these compliance requirements beforehand. Failure to adhere to these requirements may result in significant corporate tax penalties in the UAE, which could be announced by the government soon.

Documents required for UAE Corporate Tax registration

Businesses aiming to register for Corporate Tax in the UAE should prepare the necessary documents. The registration process, along with fee submission, will be conducted online. Below are the documents required for Corporate Tax Registration in the UAE:

  1. Passport copy of the owner/partners holding the license (valid, not expired).
  2. Copy of the Trade License (valid, not expired).
  3. Contact details of the concerned person (mobile number and email).
  4. Company contact details (complete address and P.O. Box).
  5. Annual Financial Audit Report.
  6. Memorandum of Association (MOA) or Power of Attorney (POA).
  7. Emirates ID of the owner/partners holding the license (valid, not expired).

It’s crucial to ensure that all documents submitted for corporate tax registration are genuine and clear. Submitting fake or outdated documents may result in fines and legal consequences.

Documents required for Corporate Tax Registration for Free Zones

The requirements for Corporate Tax registration in the UAE may vary slightly between Mainland and Free Zones/QFZP. Below is the list of documents specifically required for corporate tax registration in UAE for Free Zones and Free Zone Persons:

  1. Passport copy of the owner/partners holding the license (valid, not expired).
  2. Copy of Trade License (valid, not expired).
  3. Lease agreement within the Free Zone.
  4. Free Zone company establishment documents.
  5. Contact details of the concerned person (mobile number and email).
  6. Company contact details (complete address and P.O. Box).
  7. Passport copies of the managers or authorized signatories.
  8. No Objection Certificate (NOC) from the Free Zone authorities.
  9. Annual Financial Audit Report.
  10. Memorandum of Association (MOA) or Power of Attorney (POA).
  11. Emirates ID of the owner/partners holding the license (valid, not expired).

 

It’s crucial to emphasize that submitting fraudulent documents can result in corporate tax fines and penalties. Therefore, ensure that all documents provided are authentic and valid.

When should you register for Corporate Tax in UAE?

The corporate tax registration process has commenced in the UAE, allowing businesses to begin registering with the necessary documents. Regarding the time limit for Corporate Tax registration, the Ministry of Finance has stated that businesses in the UAE will have up to nine months from the end of the relevant tax period to submit their tax return and settle the federal corporate tax.

It is imperative for businesses to complete their registration with Corporate Tax (CT) using the required documents within the specified time frame and ensure the payment of the applicable tax amount. Compliance with these regulations is essential to avoid any penalties or repercussions.

Corporate Tax Registration Services

The UAE Corporate Tax Registration can now be conveniently completed online. With the introduction of the new EmaraTax platform, designed to streamline the taxation process in the country, the Federal Tax Authority (FTA) has made it possible for businesses to register and make payments for corporate tax online. Users can easily create an account on EmaraTax or migrate their existing FTA account by following the VAT Registration Guide provided to access the EmaraTax dashboard.

The corporate tax registration process is currently underway on EmaraTax for selected entities and will continue until June 2023. This online platform offers a user-friendly interface for businesses to manage their tax obligations efficiently and securely.

Corporate Tax Registration Services in UAE

Square International Auditing and Advisory boasts a dedicated team of dynamic Corporate Tax advisors ready to assist your business in navigating potential challenges. These challenges may include unfamiliarity with corporate tax laws and regulations, structural and compliance issues, resource constraints, and the absence of a compliant accounting system. Our comprehensive suite of services includes top-notch Corporate Tax services, accounting services, and audit services.

For businesses seeking corporate tax registration services in the UAE, don’t hesitate to reach out to us. Our experienced team is equipped to provide tailored solutions to meet your specific needs and ensure compliance with regulatory requirements. Contact us now to take advantage of our expertise and propel your business forward.