Corporate Tax Return Filing

In the UAE, businesses are required to comply with tax laws and regulations set by the government. Corporate tax will be levied at 0% for taxable income up to AED 375,000 and 9% for taxable income over AED 375,000. Large multinational corporations that fulfill particular requirements related to ‘Pillar Two’ of the OECD Base Erosion and Profit Shifting initiative will be taxed at a different rate.

Corporate tax services help companies to navigate this new complex tax system and ensure compliance with tax regulations. Our corporate tax return filing services in UAE will include:

Accurate calculation and filing of taxes

Minimization of tax liability through tax planning

Compliance with tax laws and regulations

Avoidance of penalties for non-compliance

Access to professional advice on tax-related matters

What is Corporate Tax Return Filing in UAE?

In UAE, filing a corporate tax return is submitting a report outlining a company’s earnings and outlays to the appropriate tax body. The Taxable Person files the Corporate Tax Return for a given tax period with information regarding the Corporate Tax Liability and Payment. According to the Corporate Tax Law, the Tax Return must be submitted to the Federal Tax Authority (FTA) within a certain time frame.

Is it Mandatory To File Corporate Tax Returns in UAE?

Yes, it is mandatory to file corporate tax returns in the UAE. 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.

The tax laws in the UAE apply to both local and foreign companies operating in the country, and failure to file tax returns or pay taxes can result in penalties and fines.

Should UAE businesses with no income file for CT returns?

All the companies in UAE are required to file a corporate tax return, irrespective of the turnover or the financial status of the company.

Should Free Zone entities file for Corporate Tax Returns?

Corporate tax in UAE is imposed on free zone companies as well. Hence, All free Z\zone entities will be required to file a corporate tax return, even if they are Qualifying Free Zone persons or not.

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

Companies in UAE will be required to file a corporate tax return only once a year as per the tax period mentioned on the corporate tax registration certificate. 

Corporate Tax Return Filing Deadline

The Corporate tax return filing deadline is apparently due nine months after the tax period has ended. Also, No advance or preliminary corporate tax filings are necessary.

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).