Understanding Corporate Tax in the UAE: What Businesses Need to Know

The introduction of corporate tax in the United Arab Emirates (UAE) marks a significant shift in the country's tax landscape. Traditionally known for its zero-tax environment, the UAE has embraced corporate taxation to align with global standards and enhance its economic framework. For businesses operating in or considering entry into the UAE market, understanding the nuances of corporate tax in the UAE is essential for compliance and strategic planning. This blog provides a comprehensive overview of corporate tax.

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The UAE corporate tax registration process requires registration for all UAE mainland companies, free zone companies, foreign entities, and small businesses. Key documents for registration include a trade license, certificate of incorporation, shareholder details, financial statements, other regulatory approvals, and a unified business number (UBN). Businesses must access the FTA e-Services portal, upload necessary documents, and review and submit their application. They are required to file annual tax returns electronically and maintain accurate financial records for at least five years.
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