Corporate Tax Registration
& Filling Service in UAE
Effortless Corporate Tax Solutions for Your Business Success with ADAM Global
Home » Corporate Tax Registration & Filing
Corporate Tax Registration in Dubai
All businesses subject to corporate tax in the UAE must register with the relevant tax authority and obtain a tax registration number (TRN). The registration process involves submitting an application along with the required documentation, such as the company’s trade license, articles of association, and proof of residency. At ADAM Global, our team can assist businesses with this process to ensure compliance with UAE Corporate Tax Law.
As a leading provider of corporate tax services in the UAE and Dubai, ADAM Global offers a comprehensive range of services, including audit services, internal audits, accounting and bookkeeping, and VAT services. With our team of highly experienced tax consultants and a deep understanding of local tax regulations, we help businesses navigate the complexities of corporate tax in Dubai effectively. We provide solutions to optimize your business’s tax strategies and ensure compliance with local regulations. Contact us today for a consultation. The UAE has implemented a federal tax system applicable to all businesses and commercial activities within the seven emirates. Specific exceptions apply to businesses involved in the extraction of natural resources and individuals earning personal income.
UAE Tax Benefits and Incentives
- UAE attracts global investors due to favorable business conditions.
- Certain industries like petrochemicals, oil, gas, and foreign bank branches are exempt from corporate tax.
- Value-Added Tax (VAT) is levied on most goods and services at a 5% rate since January 2018.
- All seven UAE emirates use the same company tax registration system.
- Free zones offer extra tax breaks and advantages like 100% foreign ownership, exemptions from import/export tariffs, and profit repatriation.
Documents required for Corporate Tax Registration UAE
The process for corporate tax registration is conducted online. However, here’s a list of documents required for Corporate Tax Registration in UAE.
- Copy of Eligible Trade License
- Passport copy of the owners/partners/shareholders who own the licence
- Emirates ID of the owners/partners/shareholders who owns the licence
- Memorandum of Association (MOA) – Or – Article of Association (AOA)
- Concerned person’s contact details, namely Mobile Number and E-mail
- Contact details of the company include complete address and P.O. Box
- Corporate Tax Period
Corporate Tax Services in UAE
Ensures compliance with complex tax laws and regulations.
Provides in-depth knowledge and expertise in corporate tax laws.
Identifies potential tax deductions, credits, and incentives for maximum tax savings.
Offers audit support for businesses to ensure compliance.
Mitigates tax-related risks to minimize financial and reputational harm.
Provides efficient tax management solutions to streamline processes.
Develops strategic tax plans aligning with business goals and ensuring tax law compliance.
Applicable Rate of Corporate Tax in UAE
According to the Ministry of Finance in the UAE, Corporate Income Tax rates are as follows:
- No Corporate Income Tax on taxable income up to AED 375,000.
- A 9% Corporate Income Tax rate on taxable income exceeding AED 375,000.
- Large companies meeting certain criteria associated with Pillar Two of the OECD Base Erosion & Profit-Sharing Project are subject to a separate tax rate.
Market and Competitive Analysis
Several entities in the UAE are exempted from corporate tax, including:
- Wholly owned government entities
- Non-profit organizations (subject to conditions)
- Certain types of investment funds
- Distribution and Service: Evaluates strategies for customer service and product distribution.
Our corporate tax services include advising clients on available exemptions and helping them determine eligibility.
Calculation of Taxable Income
The taxable income of a company is calculated by deducting allowable expenses and exemptions from the company’s gross income. Our corporate tax services include helping businesses calculate taxable income and advising on available deductions and exemptions.
Formation of Tax Groups
Related companies in the UAE can form a tax group to consolidate tax liabilities and simplify compliance. Our consultants can assist in determining eligibility and completing necessary documentation.
Corporate Tax Return Filing and Payment
Businesses must file tax returns and make tax payments within specified deadlines to avoid penalties. Our services include assisting with tax return preparation, filing, and timely payment.
Comprehensive Corporate Tax Services
At ADAM Global, we offer a full range of tax solutions tailored to your business needs. Our services include:
- Tax Planning and Compliance: Minimizing tax liabilities while ensuring compliance.
- Tax Advisory Services: Expert guidance on various tax-related matters.
- Tax Audits and Disputes: Representing your interests during audits and disputes.
- International Tax Services: Navigating the complexities of international taxation.
- Tax Training and Workshops: Equipping your team with the necessary knowledge and skills.
For all your corporate tax needs in UAE and Dubai, trust ADAM Global. Contact us today to learn more about our comprehensive range of services.