In order to register for UAE corporate tax under Emaratax, it requires businesses to ensure that the documents required for UAE corporate tax registration are submitted to the FTA are correct. Xact Auditing is offering best corporate tax registration services in UAE. All the companies in UAE whether free zone or mainland must register for corporate tax.
To register for Corporate Tax in UAE, businesses must be ready to submit the required documents. The process forcorporate tax registrationwill be done online. The following documents required for Corporate Tax Registration in UAE.
- Copy of Trade License (must not be expired).
- Passport copy of the owners/partners/shareholders who own the license (must not be expired).
- Emirates ID of the owners/partners/shareholders who owns the license (must not be expired).
- Memorandum of Association (MOA) – Or – Article of Association (AOA).
- Concerned person’s contact details (Mobile Number and E-mail).
- Contact details of the company (complete address and P.O. Box).
- Corporate Tax Period.
FTA has announced
corporate tax fines and penalties in UAE. Penalty of AED 10,000 shall be imposed for late corporate tax registration.
Corporate tax in the UAEshall be imposed on the taxable income of businesses at the following rates:
- A0% corporate tax rateapplies to taxable income up to AED 375,000
- A9% corporate tax rateapplies to taxable income over AED 375,000
- A15% corporate tax rateapplies to all multinational corporations subject to OECD Base Erosion and Profit-Sharing laws that belong within Pillar 2 of the BEPS 2.0 framework, i.e. combined worldwide revenues in excess of AED 3.15 billion.
DEADLINE FOR CORPORATE TAX REGISTRATION ANNOUNCED
Corporate Tax Registration Services
Xact Auditing is offering swift and best corporate tax registration services in UAE. If you are looking for Corporate Tax Registration Number, contact us. Our team of corporate tax advisors are fully equipped with CT laws in UAE who can help your business to overcome expected roadblocks such as lack of familiarity with corporate tax laws & regulations, structure and compliance issues.
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