Who must register for corporate tax in the UAE?

Every business that meets the qualifying conditions must register with the FTA.

Can I change my bank details anytime on the Emaratax portal?

Yes, you can change your corporate tax bank details any time without special approval.

What if I make a mistake during the application?

You can use the 'Save as Draft' option to pause and correct your application before submitting.

Why do I need to update my bank details with the FTA?

You must keep your records up to date so you can receive refunds or payments from the FTA.

How does Mubarak Al Ketbi (MAK) Auditing help with tax registration?

The expert team guides you step-by-step, helping with registration, updates, and tax advice.

How to Edit Corporate Tax Bank Details UAE

How to Edit Corporate Tax Bank Details: Step-by-Step Guide

The UAE started the corporate tax regime in 2023. Now, every business that qualifies for tax must register with the Federal Tax Authority (FTA). If a business does not register, it might face heavy penalties or legal actions by the FTA. Once registered, companies sometimes need to change their corporate tax bank account details. Many business owners think these changes are hard to do. But, the FTA has made things simple by giving a clear guide with every step. There is no need for approval before changing the bank details.

Let’s talk about the steps for changing your corporate tax bank details using the Emaratax portal. Every step helps you follow the law and keep your business records up to date.

Step-by-Step Instructions

First, you need to log in to your Emaratax account. You must enter your username and password or use your UAE Pass to sign in.
If you forget your password, you can use the “Forgot Password” option. This will help you reset your password and access your account quickly.
After you log in, you will see a list. From this list, you need to select your business (taxable person). Then click on the “View” option to open the dashboard.
On your dashboard, you will find a “Registration Overview.” Look for your registration type in this section.
Beside your corporate tax registration, you will see three dots (…). Click these dots and choose the “Edit Bank Details” option.
A new page will open. You will see instructions and guidelines. It’s important to read these instructions carefully. They show what you must prepare before editing your bank details.
If your documents are not correct or updated, your application might get rejected. Always make sure your information is ready before you start editing.
Click the “Confirm” button. Then click “Start” to begin editing your bank details.
The portal will show you the “Bank Details” section. You need to click “Enable Editing” to change your details.
Fill in all the required fields. You can add or update the details of your UAE-based bank or a foreign bank.
If you make a mistake or do not finish, you can save your work by clicking “Save as Draft.” You can finish the application later.
Double-check your information. Make sure you give valid bank details.
After you fill everything, click “Next” to continue. You will move to the review and declaration part.
Here, you must check all the details again. When you are sure everything is correct, tick the declaration box and submit your application.
After submitting, you will get a reference number. You can write this number down for the future. You can also download an acknowledgement PDF as proof.

Bullet Points to Remember:

Always use correct login details for the Emaratax portal.
Update all documents before editing bank details.
Read all FTA guidelines before starting the process.
Save your draft if you need more time.
Keep your reference number after submission.

The FTA has made these steps easy to help businesses in the UAE. With this simple process, you can change your bank account details quickly. If you need more help with tax registration or updates, you should contact professional consultants like Mubarak Al Ketbi (MAK) Auditing.

Facilitate a Simplified Tax Framework with Mubarak Al Ketbi (MAK) Auditing

Mubarak Al Ketbi (MAK) Auditing has a strong team of tax experts. This team helps UAE businesses solve tax problems. The experts show how to follow the best tax rules, so every business can avoid mistakes or penalties. Companies can talk to the tax veterans at Mubarak Al Ketbi (MAK) Auditing for the right advice. They help with filing taxes on time and solving other problems quickly.

If you need help with your corporate tax bank details or any tax issue, Mubarak Al Ketbi (MAK) Auditing is ready to help you. We work with many businesses across the UAE. Our team explains tax laws in simple words, so you can understand every step. When you work with us, you will feel like you have someone who’s always got your back—because, in business, it’s better to be safe than sorry!

For more information:

Visit our office at Saraya Avenue Building – Office M-06, Block/A, Al Garhoud – Dubai – United Arab Emirates.
Contact or WhatsApp us at +971 50 276 2132.

FAQs on How to Edit Corporate Tax Bank Details UAE

How does corporate tax help a start-up’s growth?

Corporate tax teaches start-ups to keep better records, plan smartly, and look more trustworthy, which can help them get more investments.

Are there any special tax breaks for new tech companies in the UAE?

Yes, tech companies can get tax holidays, pay zero tax on profits below a certain level, and keep special rates in some Free Zones.

Why is corporate tax good for fair business?

Corporate tax makes sure every business pays its part, so big firms can't get ahead by skipping taxes. This creates a level playing field for start-ups and supports public services.