Corporate Tax Registration Services in UAE
MAS is a leading tax agency offering professional corporate tax registration services in the UAE. Our services aim to assist companies in navigating the corporate tax registration process before it officially comes into effect on June 1st, 2023. Our team of FTA-certified tax consultants will help you prepare and submit the necessary documents for registration, ensuring that the process is completed in compliance with the guidelines set by the Federal Tax Authority (FTA).
The UAE has introduced a new tax known as Corporate Tax, which will take effect on June 1st, 2023. Companies that are eligible for this tax must complete the registration process before the start of the financial year. The main objective of the corporate tax is to achieve the UAE’s strategic economic goals and promote accountability in the business sector. It also aims to establish the UAE as a desirable business hub.
♦ Corporate Tax Rates
The following corporate tax rates will apply to businesses in the UAE:
0% on taxable income up to AED 375,000.
9% on taxable income over AED 375,000.
Documents Required for Corporate Tax Registration
To register for corporate tax in the UAE, you will need to provide the following documents:
– Latest Trade License Copy.
– Passport copy of the. corporate owner.
– Emirates ID of the corporate owner.
– Memorandum of Association (MOA) or Power of Attorney (POA) document.
– Contact Information (Email and Phone Number)
– Physical address and P.O box of the company.
– Annual financial audit report.
How to Register for Corporate Tax in the UAE
The Federal Tax Authority has provided an online portal for eligible taxpayers to register for corporate tax in the UAE. This portal can be used for tax registration, filing, refunds, and deregistration. If you are having trouble understanding the registration process, MAS can assist you. Our expert tax consultants will handle the entire registration process on your behalf, so you can focus on running your business.
Expert Corporate Tax Registration Services
Registering for corporate tax in the UAE can be a complex process, especially for foreign business owners.