Corporate Tax Return Filing in UAE for French Businesses

Filing a Corporate Tax return is a legal requirement for all taxable persons in the UAE. Failure to submit tax returns on time can result in administrative penalties and fines. For French entrepreneurs and companies operating in Dubai, understanding the Corporate Tax filing process is essential to remain fully compliant with UAE law.

What Is Corporate Tax Return Filing?

Corporate Tax return filing involves submitting a report to the UAE Federal Tax Authority (FTA) detailing the taxable person’s income, expenses, and Corporate Tax liability for a specific tax period. This ensures that your French business correctly calculates and pays the applicable Corporate Tax.

The return must be filed within the deadlines specified under the UAE Corporate Tax Law. If the FTA requests additional information, supporting documents, or records, the taxpayer is obliged to submit them promptly.

Corporate Tax Overview in UAE

Implementation Date: June 1, 2023
Tax Rate: 9% on annual profits exceeding AED 375,000
Zero Rate: Profits under AED 375,000 are subject to a 0% Corporate Tax rate
Introduced By: UAE Ministry of Finance in January 2022

Why Filing Matters for French Businesses

For French companies in Dubai, accurate and timely Corporate Tax return filing ensures:

Full compliance with UAE regulations
Avoidance of fines and administrative penalties
Transparent financial reporting for stakeholders
Peace of mind to focus on business growth

At Flyingcolour®, we assist French businesses with end-to-end Corporate Tax filing services, ensuring proper documentation, accurate calculations, and timely submission to the FTA.

Filing a Corporate Tax return in the UAE involves several key steps. French companies operating in Dubai should follow the process carefully to ensure full compliance with UAE regulations.

Tax registration

All companies must obtain a Tax Registration Number (TRN) from the Federal Tax Authority (FTA). This requires submitting the necessary documents and business information through the EmaraTax portal.

Record keeping

Maintain accurate records of all financial transactions and tax-related documents. Proper bookkeeping in accordance with UAE Corporate Tax laws is essential for smooth filing and potential audits.

Preparation of tax return

Calculate the company’s taxable income and prepare the Corporate Tax return based on the maintained records. Apply any relevant deductions and exemptions allowed under UAE Corporate Tax regulations.

Filing of tax return

Submit the Corporate Tax return to the FTA via the EmaraTax portal before the stipulated due date to avoid penalties.

Payment of tax

Pay the tax liability as per the Corporate Tax return filed on or before the due date.

Tax Audit

If selected for a tax audit, the FTA may request additional documentation or information to verify the accuracy and compliance of the Corporate Tax return.

Basic Documents required to file for Corporate Tax

When a taxable person file for Corporate Tax return, it should include the following documents:

Financial records
Taxable income calculations
Transfer Pricing documentations
Information of transactions between related parties
Movement of Provisions
Taxable income calculations
Financial record and plans for devaluation of taxes

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