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Documents Required for Corporate Tax Registration in UAE

Businesses that are taxable under the corporate tax law are required to register with the FTA (Federal Tax Authority) before the due date for paying tax. Businesses can register through the Emaratax website launched by the FTA for the purposes of corporate tax registration. Before going ahead with the registration, it is essential for businesses to know what documents will be required during the process. Therefore, it is advisable for businesses to seek the expert services of top Tax Consultants in UAE to seamlessly register for corporate tax UAE in compliance with the statutory tax regulations. 

Corporate Tax Registration Process: Documents Required

According to the Emaratax User Manual for tax registration, the following documents will be required during the process of registration for mainland businesses;

  • A copy of the Trade License of the business (expired copy will not be accepted)
  • A Copy of Emirates ID of the owner or partnerships (expired copy will not be accepted)
  • A Copy of the Passport of the owner or partnerships (expired copy will not be accepted)
  • A Copy of Memorandum of Association (MOA) of the authorized signatory
  • Power of Attorney (POA) (only if required)
  • Annual Financial Audit Report of the relevant year (must be audited)

Apart from these documents, other details about the business or entity, identification details of the business, and contact details of the owners and partnerships will also be required to enter in the registration form. It is imperative to add the correct details and double-check before submission.

Corporate Tax Registration Process: Documents Required for Free Zones

The registration process and requirements are slightly different for free zone persons and qualifying free zone persons as compared to mainland businesses. The following documents will be required during the process of registration for fee zone businesses;

  • A copy of the Trade License of the business (expired copy will not be accepted)
  • A Copy of the Passport of the owner or partnerships (expired copy will not be accepted)
  • A Copy of the Emirates ID of the owner or partnerships (expired copy will not be accepted)
  • A Copy of Memorandum of Association (MOA) of the authorized signatory
  • Power of Attorney (only if needed)
  • Financial Report of the relevant year (must be audited)
  • No Objection Certificate (NOC) from the free zone authorities
  • Establishment documents of the free zone company
  • Lease agreement within the free zone

You can ease the process of registration and get it done within the time limit with the help of corporate tax consultants. 

Steps of corporate tax registration on the Emaratax?

When you want to register yourself for the purposes of corporate tax, you have to open the Emaratax software and go through the following steps;

  1. Step One: Provide entity details
  2. Step Two: Provide Identification details
  3. Step Three: Provide contact details
  4. Step Four: Provide details of the authorized signatory
  5. Step Five: Review and declare your application

Always make sure that you thoroughly review the documents and information that you give in your application before making the submission. Your application might get rejected if there are mistakes and errors in it. 

What are corporate tax penalties for registration?

Following are some penalties that can be incurred for noncompliance with corporate tax registration: 

  • Failure to Keep the Required Records and Documents: The authority can ask for records and information that the business must have with it. In case the business fails to provide the required information or records, a penalty of 10,000 dirhams will be charged for every single violation of the type. 
  • Failure to Keep Arabic Copies of Required Records: It is also important for businesses to keep their records and other information (e.g., financial reports) in Arabic translation. If the business fails to provide these Arabic copies of the required documents, a penalty of 5,000 dirhams will be charged.
  • Failure to Deregister within the Time Limit: If a business no longer falls under the scope of paying corporate tax in UAE, it has to deregister itself from the FTA. However, if it fails to submit a deregistration application within the time limit, a penalty of 1,000 dirhams will be charged for each penalty of the type.
  • Failure to Inform the Authority about any Misinformation in the Documents: If a business unknowingly provides incorrect information in its records, it still has the chance to inform the authority and apply for amendment before the authority notices itself. However, if a business does not inform the authority within the specific timeframe, a penalty of 1,000 dirhams will be charged for each violation of the type.

Choose Corporate Tax Advisory Services in UAE

It is advisable for businesses to seek the expert services of top Tax Consultants in UAE to seamlessly register for corporate tax in compliance with the statutory tax regulations. Thus, contact us today and we shall be glad to assist you.

Ervee is a CPA with international experience in Tax and Accounting. He has over 12 years of experience in accounting and bookkeeping and over a year in VAT implementation, registration, and accounting in UAE. He regularly drives out inefficiencies in company operations and loves the challenge of helping clients find additional ways for an easier and improved compliance and verification of transactions.
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