Corporate Tax Registration in the UAE

The new corporate tax scheme has been in place since June 1, 2023. This strategic change integrates the UAE with worldwide tax norms, lowering compliance costs for enterprises while providing strong protection for small businesses and start-ups.

According to Younis Haji Al Khoori, Deputy Minister of Finance, this change would boost the UAE’s position as a major global business and investment hub, owing to the country’s competitive and best-in-class corporate tax policy as well as its wide network of double tax treaties.

Corporate tax registration is the process by which companies in the UAE register with the Federal Tax Authority (FTA) to comply with new federal corporate income tax legislation. This tax structure applies to all business operations, excluding natural resource extraction.

Corporate tax registration is essential for ensuring legal compliance with the new tax rules. It assists firms in avoiding costly fines and penalties, maintaining their legal standing, and using tax planning options to reduce obligations and improve financial stability.

Businesses need to finish their FTA registration by the specified due dates to avoid penalties and assure compliance.

How can Transacle help you?

• The implementation of corporate tax in the UAE mandates compliance from businesses throughout the country. Transacle can help you handle the corporate tax registration procedure with simplicity and proficiency.

• To precisely determine your corporate tax liabilities, our tax professionals will thoroughly examine your company’s operations, financial records, and organisational structure. 

• Transacle will then ensure your registration with the Federal Tax Authority is completed within the specified timeframe, protecting you from any penalties.

• Proper paperwork is essential for a successful registration. Our team of professionals will carefully create, and file all required forms, supporting papers, and disclosures, leaving no possibility for error or omission.

• Corporate tax registration is only the first step. Transacle will continue providing information on how to stay compliant, file taxes, and take advantage of any tax planning alternatives.

• With Transacle as your partner, you can approach the corporate tax registration procedure with confidence. Every detail will be handled accurately by our professionals with extensive knowledge of the UAE’s tax sector.