UAE Compulsory Corporate Tax Registration Complete Guide 2024

Before 2022, for a long time UAE applied 0% tax on most of the corporate services and persons monthly income. From 2022, UAE’s Important legal department FTA (Federal Tax Authority) Impose 9% corporate tax rate which should be paid annually over 375000 AED. 

Do You Want To Know That Who is Eligible to Pay mandatory tax as per UAE MOF (MINISTRY OF FINANCE) Law, Then read below:

• Companies & other legal entities based inside the UAE or having their pioneer management and operations inside the UAE.
• Individuals engaged in a Business/company that resides in UAE or Business Activity Inside the UAE.
• Foreign legal units/organizations that maintain a Permanent Establishment in the UAE, as detailed in Section 8 of Corporate Tax Law.

In Simple Words, if your are doing business inside UAE, it is compulsory for you to pay tax according to FTA Concerned and taxable units must be registered.

Here is the latest FTA Deadlines for business registered and trading in UAE before March 1, 2024;

Any company formed after March 1, 2024, must enroll with the FTA within 90 days of establishment (compulsory).

Get Ready To Register for Corporate Tax In UAE, Follow Steps:

Step 1:

First Of All ESCS-FZ will consult you all about Corporate Tax and its policies in UAE.

Step 2:

You Need To Register on Emaratax portal using your email and phone number. 

Later it becomes your logins on FTA Website for future Logins.

Note: Email & Phone Number must be your personal and correct.

Step 3:

Need to follow the instructions on the Emaratax portal and fill all required information, create taxable persons or entities.

Note: Do Not use fake credentials on the portal.

Step 4:

After creating records of all taxable entities , there will be an option to REGISTER FOR CORPORATE TAX. Just click and select that option and here your registration is complete. Within 20 business days you will receive your Corporate Tax Registration Number.

REMEMBER:

Navigating the corporate tax registration process is straightforward, but grasping the broader corporate tax landscape can be intricate. That’s why it’s wise to consult an expert like Expert Solution Corporate Services. Our team is ready to support you with all your tax and accounting concerns, from registration to filing and beyond.

Working with Escs-freezone:

Process of UAE Corporate Tax Service is quite lengthy, time taken and full of hustles but once you reach Expert Solution Corporate Services, our team of professionals and experts not only assist you in the right direction , they also make your profile so competitive and strong to forward your Online application. It reduces your time , saves your energy and you will have a friendly relationship with ESCS-FZ professionals.

Expert Solution Corporate Services is the most trusted company in UAE and well known firm for their corporate services all around the United Arab Emirates. We have helped over thousands of inventors, professionals and entrepreneurs to set up their business and grow them in UAE and turn their dream of successful business into reality in the United Arab Emirates.