UAE’s FTA starts pre-registration for corporate tax.
KWS Middle East Official
Your Guide to Successful Business Setup in Dubai, UAE
The United Arab Emirates is renowned for its tax-free regime. This incentive has taken over the Dubai marketplace from other global markets but recently in December 2022, a law has been approved by the minister of UAE regarding the corporate sector tax regime that has been properly functional in January 2023 and according to article 43, the corporate tax imposed on mentioned corporate industries needs to submit a tax return in this financial year that starts with June 1, 2023. For this purpose, pre-registration has been started from Jan 2023 till May 2023 by FTA governing bodies in UAE.
FTA?stands for Federal Tax Authority was established in 2016. It is the central tax regulating authority in UAE that is responsible for carrying out tax-related issues and helping grow the national economy to generate revenues by the collection of federal taxes based on globally renowned practices. They aim to make an electronic taxable system to ensure transparency of the system from registering to submitting due tax online on the website.
??Emara Tax platform
??Corporate tax rate
??Categories of companies Subject to Corporate Tax
??Pre-registration period
??FTA pre-registration Steps for a corporate taxi in UAE
??Tax Returns and Clarifications
Our specialists will help you prepare and manage documents to optimize your tax obligations and maximize the tax relief applicable under the legislation. Get A Free Consultation and customer support service 24/7 from KWSME. Request tax-related queries and avail of our quality services at a minimum cost.
??Read more about UAE taxation link is below.