What are the Documents Required to Register for Corporate Tax in UAE?

The Corporate Tax in UAE has announced 9% on company profits, applicable to earnings above AED 375,000. To comply with the upcoming UAE corporate tax regulations, businesses must focus on key administrative tasks: corporate tax registration, corporate tax deregistration, corporate tax return filing, and timely tax payment. Understanding these requirements is essential for businesses to ensure seamless compliance with the new corporate tax framework.

To register for UAE corporate tax under EmaraTax, businesses must ensure that all necessary documents for UAE corporate tax registration are correctly submitted to the Federal Tax Authority (FTA). Unicorn Global Solutions offers the best corporate tax registration services in the UAE, assisting companies in both free zones and mainland regions to comply with this requirement. Every company in the UAE must register for corporate tax to align with the new regulations

Documents Required to Register for Corporate Tax in UAE

To register for UAE corporate tax under Emaratax, businesses must submit the following documents to the Federal Tax Authority (FTA):

1. Passport copy of the owner/partners who own the license (must not be expired).
2. Copy of Trade License (must not be expired).
3. Concerned person’s contact details (Mobile Number and E-mail).
4. Contact details of the company (complete address and P.O. Box).
5. Annual Financial Audit Report.
6. Memorandum of Association (MOA) or Power of Attorney (POA).
7. Emirates ID of the owner/partners who own the license (must not be expired).

When registering for UAE corporate tax, it is crucial to ensure that all submitted documents are legitimate and clear. Submitting fake or outdated documents can result in fines and legal complications. Make sure to verify the authenticity and validity of each document to avoid potential issues with the Federal Tax Authority (FTA).

Who is required to register for corporate tax in UAE?

Corporate tax in the UAE will be imposed on the taxable income of businesses at the following rates:

 0% Corporate Tax Rate: Applies to taxable income up to AED 375,000.
 9% Corporate Tax Rate: Applies to taxable income over AED 375,000.
 15% Corporate Tax Rate: Applies to all multinational corporations subject to OECD Base Erosion and Profit-Sharing (BEPS) laws that fall within Pillar 2 of the BEPS 2.0 framework, with combined worldwide revenues exceeding AED 3.15 billion.

These rates ensure a progressive tax system that supports small businesses while adhering to international tax standards for larger, multinational entities.

Documents needed for Free Zone Corporate Tax Registration in UAE

The specific requirements for Corporate Tax registration in the UAE may slightly vary between Mainland and Free Zones/QFZP. Here is the list of documents required for corporate tax registration in UAE for Free Zones and Free Zone Persons:

– Passport copy of the owner/partners who own the license (must not be expired).
– Copy of Trade License (must not be expired).
– Lease agreement within the Free Zone.
– Free Zone company establishment documents.
– Concerned person’s contact details (Mobile Number and E-mail).
– Contact details of the company (complete address and P.O. Box).
– Passport copies of the managers or authorized signatories.
– NOC from the Free Zone authorities.
– Annual Financial Audit Report.
– Memorandum of Association (MOA) – Or – Power of Attorney (POA).
– Emirates ID of the owner/partners who owns the license (must not be expired).

Note: Submitting fraudulent documents can lead to corporate tax fines and penalties.

 

Deadline For Submission of Corporate Tax in UAE

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Why Choose Unicorn Global Solutions

Unicorn Global Solutions offers a dedicated team of expert Corporate tax advisors poised to guide your business through potential hurdles such as unfamiliarity with corporate tax laws, compliance challenges, resource constraints, and accounting system adherence.

 For exceptional Corporate Tax, accounting, and audit solutions, reach out to Unicorn Global Solutions UAE for corporate tax registration services in the UAE. Text us on WhatsApp or call us today  to get started.

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