Free zone companies need to comply with an array of UAE corporate tax requirements
By offering a favorable tax environment for entities operating within designated free zones, the UAE's free zone specific corporate tax rules aim to stimulate economic growth. By offering a 0% tax rate on qualifying income, the rules provide a significant advantage.
Feeling overwhelmed by UAE corporate tax?
Corporate Tax is a tax companies pay on their profits, which are calculated as total revenue minus allowable expenses.
Businesses licensed in June must register for Corporate Tax by August 31
FTA has reminded Resident Judicial Persons with licences issued in June to submit their Corporate Tax applications by August 31, 2024, regardless of the year of issuance.
Federal Tax Authority continues Corporate Tax Awareness Campaign with workshop for SMEs
The Federal Tax Authority (FTA) continues to implement educational events and programmes, targeting various groups and entities involved in the application of Corporate Tax, as part of the second phase of its comprehensive campaign to promote awareness of Corporate Tax among business sectors.
Things to prepare before getting your business registered for Corporate Tax
If you've been venturing into entrepreneurship for some time, your dream business is finally taking shape, and you're ready to enter the corporate world, what next? Are you sure that you have checked all the necessary boxes before registering for corporate tax?
A UAE app called EmaraTax can help with 15 corporate tax details, including registering
With the EmaraTax app from the Federal Tax Authority, you can access up to 15 corporate tax services, including registering for the tax. In addition to updating registration data, de-registering, managing accounts, and updating banking information, users can also use it to change their registration information.