No# 403,Khalidiya, Abu Dhabi, UAE
The leading corporate tax consultants in Abu Dhabi, UAE can help companies on the mainland or in the Freezone determine whether they are subjected to tax. Apart from that, they can help businesses to prepare the necessary financial records and documents, understand how free zone companies are taxed, comprehend the tax rates, and understand how to treat related party and connected person transactions, withholding tax, and allowable expenses.
Understanding the corporate tax regulations in the UAE will help organisations ensure compliance and avoid any fines and penalties. Compliance with UAE corporate tax laws will also assist businesses to avoid hefty fines and preserve their credibility, shareholders' confidence, and openness.
Companies that comply with UAE corporate taxes not only help you prevent penalties but are also more likely to maintain their reputation, trust, and transparency among their other shareholders and investors.
Corporate tax is a type of tax that business must pay on the profit they make. It is introduced by the UAE government to help support the country’s growth and follow international tax rules. This tax applies to companies that earn money by doing business in the UAE. After subtracting busines expenses, the remaining profit is taxed. Companies need to report their earnings and pay this tax to the Federal Tax Authority(FTA)
The following entities are subject to the UAE Corporate Tax law:
Any business or individual holding a commercial license in Abu Dhabi
Eligible under specific conditions, especially if conducting business with the mainland
Includes government entities, public benefit organizations, and certain natural resource businesses
If a company is unsure about Corporate Tax Exemptions, it can consult with corporate tax advisors in the UAE. The following individuals are exempt from company taxation in the UAE:
*Firms in the UAE that are fully owned by the government, carry out a mandated or sovereign activity, and are included in a Cabinet Decision
*UAE Federal Government and the Governments of the Emirates, as well as their agencies, governing bodies, and public organisations
*Public and regulated private retirement and social security funds
*Companies that collect and use natural resources in the United Arab Emirates that are subject to Emirate-level taxation
*Public benefit organisations and charities included in a Cabinet Decision
The UAE corporate tax regime offers one of the most competitive tax structures globally:
* 0% corporate tax on annual taxable income up to AED 375,000
* 9% corporate tax on taxable income exceeding AED 375,000
This system ensures that small businesses are supported, while larger entities contribute to the nation’s development.
* It ensures timely and accurate filings to prevent administrative sanctions. So it helps to avoid Costly Penalties & Interest
* Builds investor and customer trust by showing transparency and financial reliability to stakeholders.
* Creates Growth Opportunities by maintaining eligibility for expansion, partnerships, and fundings
* Improve Strategic Financial Planning and optimize your profits by identifying tax-saving opportunities legally.
Complete guidance and support during registration on Emaratax
Accurate and timely tax return submissions
Internal checks to ensure compliance and reduce audit risks
Evaluate your tax position and identify savings
Specialized services for Free Zone companies based on applicable conditions
Bookkeeping and tax ready financial reports
As a part of the corporate tax registration process in the UAE, companies that are subject to the tax will be required to apply with the Fedaral Tax Authority(FTA) for registration as corporate taxpayers. Additionally, they must get a tax registration number within a certain period. Whenever a company ceases to be subject to corporate tax, it must apply to the UAE for the deregistration of the corporation. In order to apply, the cessation or liquidation must have taken place within three months. Businesses could get help from corporate tax advisors in Dubai with tax registration and deregistration.
Step 1: Register on Emaratax Create an account using your email ID and phone number.
Step 2: Create/Select Taxable Person Choose the relevant business entity (natural or legal person).
Step 3: Complete Registration Fill in the corporate tax application and submit the required documents.
A company is only required to complete and submit one UAE corporate tax return, including any necessary supporting schedules, to the FTA for each tax period. Businesses won’t need to submit a provisional Corporate Tax Return or pay their corporate tax in advance in the UAE. For further information on administrative needs, consult with Corporate tax advisers in the UAE.
Genuine Tax offers services such as corporate tax registration with the FTA, tax return filing, calculating corporate taxable income, tax registration number deregistration, tax assessment, and tax advisory. Our highly skilled chartered accountants and tax advisors can assist businesses in ensuring tax compliance.
At GAAP Audit, we make corporate tax services in Abu Dhabi easy to understand and manage for businesses in Abu Dhabi, UAE
With decades of expert knowledge in the UAE’s tax system, our team ensures your business stays compliant and up to date. As an FTA approved tax agents in Abu Dhabi, we follow all legal requirements and deliver reliable support every step of the way.
Whether you’re a small business, a Free Zone company, or a large corporation, we offer customized tax solutions that match your needs. From initial consultation to filing and follow-ups, our end-to-end support gives you peace of mind, so you can focus on growing your business while we handle your tax matters.
The rules for financial reporting are called accounting standards. These regulations make it very clear how the transactions must be recorded.
The opportunity to work abroad is a popular prospect, one
No# 403,Khalidiya, Abu Dhabi, UAE
info@geniustaxes.com
00971507088452
Monday – Friday: (9:00 AM – 6:00 PM)