Federal Tax Authority Opens Pre-Registration for Corporate Tax

The UAE, known for its tax-free environment, has attracted entrepreneurs and businesses worldwide. However, starting from June 1, 2023, a new Federal Corporate Tax will be introduced, taxing businesses based on their net incomes. To simplify the process, the Federal Tax Authority (FTA) has launched pre-registration for corporate tax through the EmaraTax platform. Eligible businesses will receive invitations via email or SMS during the early registration period from January 2023 to May 2023. This initiative aims to provide digital tax services, making compliance easier and more convenient for businesses.

Steps to Register for UAE Corporate Tax on the EmaraTax Platform

Businesses can follow these steps to register for corporate tax on the EmaraTax platform after receiving an invitation:

1. Log In to EmaraTax and Add a Taxable Person
   Log in using your credentials or UAE PASS. From the dashboard, add a new taxable person if none are listed.
2. Click Start in Corporate Tax Registration Tab
   Click ‘Register’ to begin the application. Read the guidelines and click ‘Start’ to proceed.
3. Choose Your Entity Type
   Select your business entity type from the list and fill in mandatory fields. Click ‘Next Step’ to continue.
4. Enter Your Identification Information
   Provide trade license details based on your entity type.
5. Add Your Business Activities
   Enter all business activities related to your trade license.
6. Fill in the “Add Owners” Tab
   Add details of owners with at least 25% ownership. Include trade license details and associated business activities.
7. Submit Your Contact Information
   Enter your business’s registered address and click ‘Next Step.’
8. Add an Authorized Signatory
   Provide details of the authorized signatory. You can add multiple signatories if needed.
9. Review and Submit the Application
   Review all entered information, mark the checkbox, and click ‘Submit.’
10. Wait for the Confirmation Email
    After submission, you’ll receive a reference number via email for future correspondence with the FTA.

Points to Consider for Pre-Registration for UAE Corporate Tax

The FTA’s pre-registration initiative ensures businesses receive digital tax services. Key points to consider include:

• The EmaraTax platform simplifies registration, return filing, and tax payments.
• Businesses must provide accurate information during registration.
• Early registration helps avoid last-minute complications.

Documents Required for Corporate Tax Registration in UAE

Businesses must prepare the following documents for corporate tax registration:

• Valid trade license copies.
• Passport and Emirates ID copies of owners/partners.
• Power of Attorney or Memorandum of Association (POA).
• Contact information (mobile number, email, and business address).
• Annual Financial Audit Report.

Post Corporate Tax Registration Process

After submitting the application, the FTA will review it and notify the applicant of its status:

1. If additional information is required, the FTA will send an email.
2. Once approved, the applicant will receive a confirmation email.
3. The application status can be checked on the EmaraTax dashboard.

EmaraTax Platform

EmaraTax is the UAE’s digital tax services platform, offering registration, return filing, tax payment, and refund services. Its launch marks a significant step toward digital transformation in the UAE’s tax sector.

Corporate Tax Registration Services in UAE

With the new corporate tax regime, businesses must comply with FTA regulations. Mubarak Al Ketbi, a team of expert tax consultants, offers top-notch corporate tax advisory services. Their FTA-approved agents assist with tax registration, return filing, and audit support. They also provide free consultations and 24/7 customer assistance, ensuring businesses meet their tax obligations efficiently.

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