Expert Corporate Tax Return Filing by TAG: UAE's Leading Tax Consultants & FTA Approved Tax Agency. Ensure Accurate, Timely, and Compliant Submissions via EmaraTax. Avoid Penalties.
Our Comprehensive Corporate Tax Return Filing Services Include:
Filing corporate tax returns is a legal requirement for businesses operating in the UAE. Companies must submit their tax returns within the prescribed deadlines to avoid penalties.
What is Corporate Tax Return Filing in UAE?
Corporate tax return filing involves submitting a report to the Federal Tax Authority (FTA) detailing a company’s income, expenses, and tax liability for a specific period. Filing must be done within the prescribed time frame under UAE tax laws.
Is it Mandatory to File Corporate Tax Returns in UAE?
Yes, all companies operating in the UAE must file corporate tax returns, including local and foreign businesses. Companies with income below AED 375,000 are subject to a 0% tax rate but are still required to file a return.
Should Free Zone Entities File for Corporate Tax Returns?
Yes, even Free Zone entities must file corporate tax returns, regardless of their qualifying status.
How Often Should Businesses File Corporate Tax Returns in UAE?
Corporate tax returns are due once per tax period, within nine months after the period ends. For example, a company with a tax period starting June 31, 2023, must file by February 28, 2025.
How to File Corporate Tax Returns in UAE?
You can file returns online via the EmaraTax portal. Businesses must first register and create an account on the platform.
Procedure for Corporate Tax Return Filing in UAE:
- Tax Registration: Obtain a Tax Registration Number (TRN) from the FTA.
- Record Keeping: Maintain accurate financial and tax-related records.
- Tax Return Preparation: Calculate taxable income and prepare the return.
- Filing: Submit the return via EmaraTax before the deadline.
- Payment: Pay the tax due as per the filed return.
Essential Documents for Filing:
- Financial records
- Taxable income calculations
- Transfer pricing and related transaction records
Contact TAG Consultancy
At TAG Consultancy, we understand the complexities of corporate tax return filing and are committed to providing you with seamless, expert assistance. Whether you need guidance on tax registration, record keeping, or the actual filing process, our experienced team is here to ensure you stay compliant with UAE tax laws and deadlines. Reach out to us today, and let us help you navigate the intricacies of corporate tax filing with confidence.
