The process of registering for corporate tax has caused some confusion since the announcement. The Federal Tax Authority (FTA) has provided a registration window on the EmaraTax portal as well. This blog aims to guide you through the registration process, the required documents, and a clear, concise, step-by-step approach.
Documents required for corporate tax registration in UAE
The various types of documents necessary for registering for corporate tax in Dubai are as follows:
- The Emirates ID or passport of the taxable person is required if the registrant is a natural person.
- If the registrant is a legal person, the Emirates ID or passport of the authorised signatory and proof of authorisation for the same is required.
Please note that the accepted file types for documents are PDF, DOC, and DOCX, with a maximum individual file size of 15 MB. It is important to ensure that the documents submitted support the information entered in the application to avoid potential rejection or the need for resubmission of the application at a later stage.
How to register for corporate tax in Dubai?
To ensure a smooth implementation of the corporate tax in Dubai, UAE, the Federal Tax Authority (FTA) has announced that selected businesses operating in the country can register early using the EmaraTax platform. The FTA will send invitations to these businesses via email and SMS, allowing them to take advantage of the early registration window. After this round, the FTA will announce when registration is open to further enterprises and companies, providing ample time for them to submit their applications and meet their legal obligations. It is worth noting that priority will be given to companies whose fiscal year begins on June 1, 2023, when registration officially opens.
Step-by-step process of corporate tax registration in UAE
- To begin the corporate tax registration process in UAE, you can either log in to your existing EmaraTax account using your login credentials or UAE Pass.
- If you don’t already have an EmaraTax account, you can sign up for one by clicking the ‘sign up’ button.
- In case you forget your password, you can reset it by using the “forgot password” feature.
- After logging in using your registered email and password, the EmaraTax online user dashboard will be displayed if the login is successful.
- If you had opted for 2-factor authentication, you will need to enter the OTP received in your registered email and mobile number to log in successfully.
- Alternatively, you can log in via UAE Pass, which will redirect you to UAE Pass for login.
- Upon successful UAE Pass login, you will be redirected back to the EmaraTax online user dashboard.
After submitting your application for corporate tax registration in UAE, the FTA will review it and decide whether to approve, deny, or request further details. You will be notified of the outcome once it’s determined. In case your application is accepted, the FTA will inform you about the result.
Corporate tax in Dubai provides greater clarity and predictability to businesses. The aim of the CT is to encourage entrepreneurship, safeguard investors’ interests, and promote economic growth. Corporate tax registration in UAE can be a complicated and overwhelming process, given the numerous tasks that businesses have to manage. Thus, it is advisable to hire the services of a tax consultants in Dubai like TCA. With our expertise, we can guide you through the registration process and provide tailored corporate tax registration services that meet your company’s specific needs. Get in touch with TCA, top accounting firms in UAE to know more about corporate tax registration in UAE.
