In accordance with the Federal Decree Law 47, which is a directive issued by the Federal Tax Authority (FTA). All entities that are taxed as corporate entities and those that are in Free Zones need to get the Corporate Tax Registration Number. This includes all the different categories that fall in UAE Corporation Tax. There are a few exempt people who are not required to register, for example government entities etc. Once corporate tax registration UAE is completed, there is a certain given time in which the entities must file the corporate tax. There are several corporate tax consultants who are helping the businesses to register for corporation tax considering all the guidelines of FTA. The registration process is done through an online portal of Federal Tax Authority but there are certain considerations which should be taken care of, for this purpose the corporate tax consultants are quite helpful. One of the top consultants in UAE for this purpose is ebs Chartered Accountants. ebs is a team of highly qualified individuals helping different businesses. Companies that are required to adhere to Emirates’ corporate tax regulations must register their business through the EmaraTax platform. This blog will provide a simple step-by-step guide on how to register for corporate tax online through the FTA portal.
Step-by-Step Guide for UAE Corporate Tax Registration
- Log in to your EmaraTax account using your login credentials or via your UAE Pass. If you’re a new user to EmaraTax you can sign up for accounts by hitting on the sign-up button.
- After you log into your account, you’ll be presented with an overview of Taxable Persons associated with your profile. If there are no Taxable People associated, you’ll need to create one.
- To begin your Corporate Tax registration process, click “Register” in the Corporate Tax section within the dashboard.
- A page with the registration instructions will show. Look, accept the guidelines by ticking the box, then click “Start” to begin the application.
- Select the entity type of your company by selecting it from the dropdown under the section on entity details that will alter the fields on the form to match.
- Complete all fields required and then click “Next Step” to continue to the section “Identification Details”.
- Utilize the “Add Business Activity” button to provide information about your business activities that are related to your trade license. Make sure all the required information is included prior to submitting your application.
- For companies with ownership of 25 percent or more of a company or individual select “Add Owners” to include this information. The mandatory information for each owner must be supplied prior to adding.
- If your business has branches, click “Yes” to add and describe each branch, including trade license information and any associated ownership and business operations.
- Visit the “Contact Information” section, then click “Next Step”, where you’ll input your company’s registered address, as well as any other contact details.
- Move to the “Authorized Signatory” section, then click “Add Authorized Signatory” to grant the details of those who are that are authorized to perform the duties of the business, then click Add.
- After you have made sure that all fields required are filled in, go on to the “Review and Declaration Step” step.
- Check all the information in the application carefully. Make sure to check the box that indicates the completeness and accuracy of the data.
- Finish your registration by pressing “Submit” to submit your application for Corporate Tax Registration via the EmaraTax portal.
FAQs
How to register for corporate tax in UAE step by step process?
To register for corporate taxes in UAE on EmaraTax, determine the legal structure of your business (LLC, sole proprietorship, etc.), choose a trading name, obtain the necessary licenses and approvals, and then apply for a Tax Registration Number.
Is Corporate Tax registration mandatory for freezone companies?
All Free Zone Companies are required to register for Corporate Tax, regardless of if they need to pay tax or not.
Who needs to register for UAE corporate tax?
The Federal Tax Authority has left no room for ambiguity – all businesses operating in the UAE are obligated to register for corporate tax in 2024. This directive extends to enterprises, irrespective of their profitability or the duration of their establishment.