Corporate Tax Registration in UAE: Documents and CT Rates

The Federal Tax Authority (FTA) has announced the opening of the pre-registration process for UAE corporate tax for specific companies and entities. These businesses must register for corporate tax in Dubai, UAE, based on the FTA's guidelines. It is essential to identify if your business is subject to this notification and needs to complete the early registration process or if it can register later.

Seeking assistance from corporate tax consultants in Dubai is recommended to determine if this notification is applicable to your business. These professionals can assist you with corporate tax registration in UAE using the EmaraTax platform.

Who must Register for Corporate Tax in UAE?

UAE corporate tax shall be imposed on businesses' taxable income at the following rates:

• Taxable income up to AED 375,000 is subject to 0% corporate tax in Dubai, UAE
• The UAE corporate tax rate is 9% for income exceeding AED 375,000
• Multinational corporations that fall under Pillar 2 of the BEPS 2.0 framework and are subject to OECD Base Erosion and Profit-Sharing laws will be subject to a 15% corporate tax rate. This applies to corporations with combined worldwide revenues exceeding AED 3.15 billion.

Documents needed for corporate tax registration in Dubai, UAE

Corporate tax registration in UAE requires businesses to prepare and submit the necessary documents online. Below are the documents that must be provided for the registration process to be completed successfully.

• Trade license copy (should not be expired).
• Owner/papartner'sassport copy (should not be expired).
• Emirates ID of the owner/partners who holds the license (should not be expired).
• Memorandum of Association (MOA) – Or – Power of Attorney (POA)
• Concerned individual’s contact details (mobile number and mail address)
• Company contact details (complete address and P.O. Box).
• Annual Financial Audit Report.

If companies require assistance with corporate tax registration in Dubai, they can seek the services of corporate tax consultants such as Reyson Badger. Our team is well-equipped to assist you with the entire process of registering for Corporate Tax in UAE.