Corporate Tax Return Filing

What is Corporate Tax Return Filing in UAE?

Corporate tax return filing in the United Arab Emirates (UAE) is the process of submitting a report to the relevant tax authority that details the income and expenses of a company.

The Corporate Tax Return is filed by the Taxable Person for a specific tax period on the information about Corporate tax liability and payment. The Tax Return should be filed within a specific period with the tax authority according to the Corporate Tax Law.

Is it Mandatory To File Corporate Tax Returns in UAE?

Yes, it is mandatory to file Corporate Tax returns in the United Arab Emirates (UAE). The Federal Tax Authority (FTA) requires companies operating in the

UAE to file tax returns and pay taxes on their taxable income as per the UAE tax laws. However, only 0% tax will be subjected for businesses with income less than AED 375,000.

How often Businesses should file for Corporate Tax Returns in UAE?

UAE Businesses will be required to file for corporate tax returns only once per the tax period. The CT return is apparently due nine months after the

Tax Period has ended. Also, No advance or preliminary corporate tax filings are necessary.

What is the Deadline For Corporate Tax Return Filing in UAE?

Businesses in the UAE will have up to 9 months from the end of the relevant tax period to submit their tax return and pay the Corporate Tax to the

Federal Tax Authority (FTA). For example, a company with a first tax period beginning on June 1, 2023 will have a deadline up to February 28, 2025, whereas a company with a first tax period beginning on January 1, 2024 would have a deadline up to September 30, 2025.

Procedure of Corporate Tax Return Filing in UAE

The procedure of filing corporate tax returns in UAE includes,
1. Tax registration: Obtain a tax registration number from the Federal

Tax Authority (FTA) by submitting the required documents and information.
2. Record keeping: Maintain proper records of all financial transactions and tax-related documents in accordance with the UAE tax laws.
3. Preparation of tax return: Calculate taxable income and prepare a tax return based on the records maintained, taking into account tax deductions and exemptions as per the UAE tax laws.
4. Filing of tax return: Submit the tax return to the FTA through their online platform, e-Services, on or before the due date.
5. Payment of tax: Pay the tax liability as per the tax return filed on or before the due date.
6. Tax audit: In case of a tax audit, the FTA may request additional information or documents to verify the accuracy of the tax return filed.
We can help you in calculating and devising your tax liability for Corporate tax and assist you throughout the UAE Corporate tax return filing process.

Corporate Tax Return Filing