Corporate Tax in UAE Full Support from Registration to Submission with ALWAHAT

Corporate Tax in UAE Full Support from Registration to Submission with ALWAHAT

How ALWAHAT Supports You from Corporate Tax Registration to Submission in the UAE

The UAE Corporate Tax regime, implemented under Federal Decree-Law No. 47 of 2022, has reshaped the business compliance landscape. While the system is designed to be globally competitive with a low 9% tax rate on profits exceeding AED 375,000, the real challenge lies in understanding, interpreting, and complying with the evolving rules.

This is where ALWAHAT ACCOUNTS AND INTERNAL AUDIT SERVICES comes in — delivering comprehensive, end-to-end support for corporate tax registration, accounting adjustments, return filing, and post-submission advisory across Dubai, Sharjah, Abu Dhabi, and other Emirates.

🏢 Understanding UAE Corporate Tax at a Glance

The UAE now levies Corporate Tax (CT) on the net profit of businesses (as reported in their financial statements), with these key features:

• 9% tax on profits above AED 375,000

• 0% tax for income up to AED 375,000 (for supporting small businesses and startups)

• Applicable to Mainland, Free Zone, and Foreign Entities with UAE branches

• Exemptions for entities like government bodies, extractive industries, and qualifying public benefit entities

✅ Deadline Alert: Most businesses must file their first tax return by mid-2025, depending on their financial year-end.

🔧 ALWAHAT’s End-to-End Corporate Tax Process

Whether you're an established company or a new entrant, here's how we guide you through every stage of the corporate tax lifecycle:

✅ 1. Initial Consultation & Entity Assessment

Our experts begin by assessing your business holistically:

• Nature of your business operations

• Legal structure and licensing jurisdiction (Mainland or Free Zone)

• Annual turnover and net profits

• Review of your financial year cycle and accounting standards

We determine:

• If your entity falls under mandatory Corporate Tax registration

• Whether you qualify for exempt status or as a Qualifying Free Zone Person (QFZP)

• The level of compliance you will require for submissions

🧠 Outcome: A clear roadmap tailored to your business structure and obligations.

✅ 2. FTA Portal Registration & TRN Generation

We take care of the entire registration process:

• Creation of user accounts on the Federal Tax Authority (FTA) portal

• Preparation and uploading of supporting documents:

  • Valid Trade License

  • MoA / AoA

  • Passport and Emirates ID copies of shareholders and managers

  • Financial statements or management accounts

• Correct classification of your business type

• Application for and issuance of the Corporate Tax Registration Number (TRN)

⚠️ Note: Businesses failing to register within the official deadlines face fines of AED 10,000.

✅ 3. Financial Preparation & Taxable Income Calculation

We help you align your financial records with tax requirements:

• Convert your books to follow IFRS or IFRS for SMEs

• Calculate accounting income and then derive taxable profit by:

  • Adding back non-deductible expenses

  • Deducting qualifying allowances or incentives

  • Adjusting for related party transactions and arm’s length pricing

• Assist in documentation for Transfer Pricing if applicable

🎯 Outcome: A clean and compliant financial base for accurate corporate tax returns.

✅ 4. Corporate Tax Return Preparation & Filing

ALWAHAT ensures that your first corporate tax return and all future filings are accurate and on time:

• Preparation of the corporate tax return based on the FTA-approved template

• Review of key fields: profit, deductions, carried forward losses, foreign tax credits

• Inclusion of disclosures, schedules, and related party reporting (where required)

• Secure e-filing through the FTA portal

• Confirmation and archiving of submission receipts

📅 Filing Deadline: 9 months after the end of your financial year (e.g., for December year-end, due by September of the following year)

✅ 5. Post-Filing Compliance & Advisory Support

Even after your return is submitted, ALWAHAT continues to support you:

• Handling FTA clarifications or queries

• Preparing for FTA audit inspections

• Advising on future tax planning strategies

• Providing updates and alerts on new regulations, guidance, or system changes

• Annual Corporate Tax health-checks to ensure continued compliance

📌 Our proactive team ensures you never miss an update or a renewal.

🏆 Why ALWAHAT Is Your Trusted Corporate Tax Partner

• 🎓 Qualified Experts: Experienced Chartered Accountants and Tax Professionals

• 📍 Nationwide Reach: Serving clients in Dubai, Sharjah, Abu Dhabi, Free Zones, and across the UAE

• 💼 All Industry Coverage: Retail, construction, logistics, hospitality, consultancy, e-commerce, etc.

• 💰 Transparent Pricing: Affordable packages for SMEs and startups

• 📈 Technology-Enabled Support: Integration with accounting software for smoother submissions

📞 Let's Get You Tax-Compliant — The Smart Way

ALWAHAT makes corporate tax stress-free. Whether you need help with registration, preparing your first return, or planning future tax strategy — we are here to assist you at every step.

📍 Book a free consultation today!

⚠️ Disclaimer:

This blog is intended for informational purposes only and does not constitute financial, tax, or legal advice. For specific guidance tailored to your business, consult with a qualified professional at ALWAHAT ACCOUNTS AND INTERNAL AUDIT SERVICES. Please refer FTA website for further guidance