CT Registration
CORPORATE TAX REGISTRATION
Corporate tax in UAE will be applicable for financial years starting on or after June 1, 2023, hence taxable Persons must register and obtain a Tax Registration Number for Corporate Tax purposes.
The Federal Tax Authority (FTA) has started registration for Corporate Tax through the EmaraTax digital tax services platform. Entities that intend to form a tax group are required to register individually first and at a later date apply to form a corporate tax group.
Article 51 of the Corporate Tax Law mandates that every Taxable Person must register for Corporate Tax within the prescribed timelines and obtain a Tax Registration Number from the Federal Tax Authority (FTA), unless exempted.
Exception from Registration for Corporate Tax:
The following Persons shall not register for Corporate Tax with the Authority
- A Government Entity
- A Government Controlled Entity
- A Person engaged in an Extractive Business that meets the conditions of Article 7 of the Corporate Tax Law.
- A Person engaged in a Non-Extractive Natural Resource Business, that meets the conditions of Article 8 of the Corporate Tax Law.
- A Non-Resident Person that derives only State Sourced Income under Article 13 of the Corporate Tax Law and that does not have a Permanent Establishment in the State according to the provisions of the Corporate Tax Law
- A natural person who is conducting a Business or Business activities with less than AED one million turnover is not required to register for corporate tax.
At M&M Auditing, we have a dedicated team of professionals providing Corporate Tax Registration services to businesses. Our team of experienced corporate tax consultants assist businesses by guiding them through the CT registration process, helping to organize the required documents and completing the registration process on time.