Filing a corporate tax return is a legal requirement in the UAE, and non-compliance can result in significant administrative penalties. For UK businesses operating or expanding into the UAE, corporate tax return filing involves submitting accurate reports to the Federal Tax Authority (FTA) detailing taxable income, allowable deductions, and overall financial performance.
Our expert team ensures that UK companies meet all UAE Corporate Tax Law obligations, avoiding costly mistakes while optimising compliance. The UAE Corporate Tax Law, effective from 1 June 2023, applies a 9% rate to annual taxable profits over AED 375,000, with profits below this threshold taxed at 0%.
Our Corporate Tax Filing Process for UK Companies
The following are the procedures in filing a Corporate Tax return in UAE
We assist UK businesses in registering with the FTA through the EmaraTax portal.
Comprehensive documentation of all financial and tax-related transactions as per UAE regulations.
Calculations based on UAE tax laws, including deductions, exemptions, and related-party transactions.
Submission via the FTA’s online system within statutory deadlines.
Assistance in timely payment to avoid penalties.
Representation and documentation in case of FTA audits.
Basic Documents required to file for Corporate Tax
When a taxable person file for Corporate Tax return, it should include the following documents:
Corporate Tax filing deadlines for businesses with financial year ends of 31 March, 30 June and 31 December:
First Tax Period : 1 July 2023 – 30 June 2024
1 January 2024 – 31 December 2024
1 April 2024 – 31 March 2025
Flyingcolour® Tax Consultant and J N J Auditing LLC provide accounting and bookkeeping services, tax related services, auditing, economic substance regulation (ESR) services, anti-money laundering compliance services, tax residency certificate assistance, payroll services, excise tax services, other compliance, and CFO services, etc. through our team of experienced professionals. We cover comprehensive and customized packages tailored to your specific requirements.
