Corporate Tax Return Filing Services

Payment of taxes of any type in any jurisdiction calls for some administrative formalities. One of the requirements is filling up tax return forms. Tax return forms summarise all the tax-related information for the entity or individual during the tax period.

Similarly, corporate tax return filing is a crucial requirement for the newly introduced corporate tax in the UAE. Taxpayers registered for corporate tax in UAE must file corporate tax returns to the FTA.

Corporate Tax Return Filing Regulation In UAE

The Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses defines tax return as the “Information filed with the Authority for Corporate Tax purposes in the form and manner as prescribed by the Authority, including any schedule or attachment to it, and any amendment thereof.”

Article 53 of the law requires taxpayers to file corporate tax returns within nine months of the end of the relevant tax period or as directed by the FTA. You must accompany the company tax return online form with information, documents, and records as proof. In the case of a tax group, the parent company must file the corporate tax returns to the FTA on behalf of the group.

Your corporate tax compliance has another proof – corporate tax return filing.

Get help from FAME for accurate corporate tax filing.

Our Corporate Tax Return Filing Services

FAME Advisory is a leading firm providing help for any tax-related compliance in the UAE. We have years of experience in advisory services for succession planning, corporate group structuring and governance, business set-up, and transfer pricing services.

We are now expanding our service base to assist clients in filing corporate tax returns to ensure compliance with UAE corporate tax laws. Our corporate tax experts will assist the businesses in preparing the documents and filling up the tax return form.

We help you accurately calculate your taxable income by considering all the income records. Our corporate taxation professionals keep accurate accounts to ensure correct tax liability calculations.

For companies conducting transactions internally with their group companies and subsidiaries, there is an additional document of submission along with the corporate tax returns. This form contains all information on transactions and arrangements with connected persons and related parties of the taxable person. Our expert corporate tax consultants help you prepare this disclosure form.

Correct and complete income records and accounting are critical to an accurate tax return. Our help with year-round corporate tax accounting streamlines your accounts following corporate tax regulations. These streamlined accounts help to accurately file corporate tax returns smoothly and within prescribed timelines.

We help you properly prepare these records to use them as and when required for disclosure. We also help you store and maintain them for seven years as the corporate tax regulation requires. Thus, FAME Advisory handles all your processes related to e-filing corporate tax returns in the UAE.

Looking to onboard expert corporate tax consultants to manage your corporate tax returns filing in the UAE?

FAQs : Corporate Tax Return Filing

What information does the FTA need in the company tax return form?

You must provide the following information during the corporate tax filing process:

The tax period for which you are submitting the corporate tax returns
Taxable person’s name, address, and Tax Registration Number
The basis of accounting used in the taxable person’s financial statements
Taxable income during the tax period
Tax loss relief claim amount
Tax loss transferred amount
Available tax credits claim amount
Corporate tax payable amount for the mentioned tax period

If I am exempt from corporate tax, do I need to file corporate tax returns to the FTA?

The following entities are exempt from corporate tax yet may receive an order from the FTA to register themselves for corporate tax and furnish the tax returns with FTA:

A Qualifying Public Benefit Entity.
A Qualifying Investment Fund.
A public pension or social security fund, or a private pension or social security fund subject to regulatory oversight of the competent authority in the State and meeting any other conditions that the Minister may prescribe.
A juridical person incorporated in the UAE that is wholly owned and controlled by an Exempt Person and conducts any of the following:
Undertakes part or whole of the activity of the Exempt Person.
Is engaged exclusively in holding assets or investing funds for the benefit of the exempt person.
Only carries out activities that are ancillary to those carried out by the Exempt person.
The unincorporated partnership not treated as a taxable person.

You must not register separately for any of your branches. All your branches operating in any of the Emirates of UAE must be mentioned under the head office’s registration.

What happens after the submission of the corporate tax registration form?

Once you submit the application form on the EmaraTax platform, you receive a reference number. You also receive an acknowledgement of the submission. You must use this reference number in all your communication with FTA.

You are notified if the FTA accepts your application and the verification documents.
If the FTA rejects it, you will receive a rejection notification.
You will receive a notification if the FTA requires you to submit more documents for verification. The notification will mention the list of documents required for verification.

You can check your corporate tax registration application’s status on the dashboard for updates.