Corporate Tax Registration in Dubai
Hassle-Free Corporate Tax Registration in UAE in 14 days. T&C* - Filing done by experts
Documents Required
View all documentsLet’s Start
“SmartFin CFO's corporate tax registration in Dubai services exceeded our expectations. They demonstrated a deep understanding of Dubai tax laws and guided us through the process with ease. A truly valuable partner for any business navigating tax compliance in UAE.”
Google Reviews
4.3/5
|10.5k+ Happy Reviews
Get Corporate Tax in UAE Registered In 3 Simple Steps
Initial Assessment: Schedule a call with our experts to check the business’s tax requirements in Dubai.
Document Preparation: Gather and provide necessary documents while our team assists in paperwork preparation.
Application Submission: We handle the submission and liaison for UAE corporate tax registration with the authorities for a seamless process.
Exclusive offers
Best services
Professional support
Smartfin CFO solutions
1500+
Startups and MSMEs Served
Efficient & Accurate
Filing Process
Expert assistance
for Corporate Tax Registration Support
Overview
Corporate tax (CT) is a type of direct tax applied to corporations and other entities' net revenue or profit from their operations. Corporate Tax is also known as "Corporate Income Tax (CIT)" or "Business Profits Tax" in various jurisdictions.
As you may be aware, the UAE Ministry of Finance launched the Corporate Tax in 2022, and it will be fully implemented by June 2023, affecting the financial years of firms or businesses. As a result, audit firms in Dubai and UAE tax consultants have begun to provide corporate tax advisory and implementation services to businesses in the UAE.
Significance of Corporate Tax
Corporate tax in Dubai is mainly focused on helping countries in developing a sustainable economy to improve corporate governance and, as a result, strengthen the national economy. The UAE government hopes that implementing corporate tax will reinforce the country's status as a leading worldwide hub for enterprises and investments. The company tax can help the country's development and change to achieve its strategic goals. The ultimate goal and most important aspect of the UAE corporate tax is that by implementing this direct tax, the country underlines its commitment to fulfilling international standards for tax transparency and eliminating harmful tax practices.
Corporate Tax in Dubai
In the United Arab Emirates, corporate tax is applied as follows:
- Net profit of up to AED 3,75,000 is tax-free.
- 9% tax on net profits exceeding AED 375,000.
- Different tax slabs for multinational firms by OECD Pillar 2's base erosion and profit shifting.
Scope of UAE Corporate Tax
Corporate taxes in the UAE will apply to:
- Every company and individual undertaking business activity under a commercial license in the UAE
- Free Zone Business- The UAE corporate tax regime will continue to honor the corporate tax incentives in UAE now available to UAE free zone enterprises that meet all legal requirements and do not have offices on the country's mainland.
- Foreign businesses and individuals are only permitted to do business in the UAE on an ongoing or regular basis.
- Banking operations
- Companies that specialize in real estate management, construction, development, agency, and brokerage.
Exemptions of Corporate Tax in Dubai
Corporate taxes in Dubai bai are excluded for the following entities:
- Dividends and Capital Gains earned by a UAE company from its qualifying shareholding
- CT will not apply to qualify intra-group transactions and reorganizations, as long as the essential conditions are met.
- A person's earnings, pay, and other job income, whether derived from the public or private sector.
- Individuals gain interest and other revenue from bank accounts or savings schemes.
- A foreign investor's income from dividends, capital gains, interest, royalties, and other investment returns.
Documents Required
The following documents are required for corporate tax registration in Dubai:
- Copy of Trade Licence
- Passport Copies of the owners
- Emirates ID of the owners
- Memorandum of Association
- Article of Association
These documents are mandatory for corporate tax registration in the UAE
Get Corporate Tax Registration in Dubai Today
Client Video Testimonial
Know what our happy clients think about us!
