Tax Clearance Certificate
Tax Clearance Certificate in UAE
Tax Clearance Certificate in UAE makes it easy to know that a tax-registered entity has paid all its outstanding tax debts or is not responsible for paying any taxes.
What benefit do you get from complying with all UAE tax regulations? With UAE Tax Certificate, you remain compliant, so you do not have to pay non-compliance penalties or fees. Also, your reputation as a compliant entity remains intact, with no harm to it.
So, how would someone know that you comply with all tax requirements in UAE?
The best resort, in this case, is a tax clearance certificate. FTA’s tax clearance certificate demonstrates that you have cleared all the tax liabilities in UAE.
Tax Clearance Certificate in UAE makes it easy to know that a tax-registered entity has paid all its outstanding tax debts or is not responsible for paying any taxes. Also, you can use tax compliance certificate as a critical document to prove that you have no more tax liabilities when:
- Another entity wants to acquire you
- You are going through liquidation or bankruptcy
- You need to deregister from VAT when your sales proceeds fall below mandatory and voluntary thresholds
It is an attempt by the FTA to promote taxpayers’ compliance with UAE tax laws and regulations. So, if you do not have any pending tax liabilities, obtaining a tax clearance certificate is advisable. If you apply to FTA for a tax clearance certificate in UAE and FTA finds that you have not paid your tax liabilities, you do not get the certificate.
Without a tax clearance certificate in the UAE, you cannot proceed with your business requirements. So, it is an excellent practice to obtain a tax clearance certificate in UAE from FTA. You need to log in to the EmaraTax platform to apply for this certificate.
Applying for a tax clearance certificate in UAE becomes easier with FAME Advisory.
Tax Clearance Certificate Services In UAE
FAME Advisory is a top-class firm in UAE providing succession planning, business formation, and tax consultancy and advisory services. We guide you to make the best decisions related to tax, wealth distribution, and corporate structuring. Our experts provide full support in company formation and compliance with ESR and AML requirements.
One of our crucial competency areas is helping our clients obtain a tax clearance certificate in UAE. We help you apply for the same by filling up the form accurately on the EmaraTax platform. We also manage the documentation from existing records to ensure the completeness of the application.
The following are the steps to apply for the tax clearance certificate in UAE.
How to download tax clearance certificate from EMARATax Portal:
EmaraTax portal Log in or sign up
You must log in to the EmaraTax platform with your login credentials or UAE Pass. In the case of the absence of an EmaraTax account, you can sign up on the website. On login, the user can see the online user dashboard. We help you make an account if you don’t have one.
Fill the details
On the left panel, click on the Clearance Certificate tile under ‘Other Services’. You can click the ‘New Request’ to access the application form. This page provides guidance and necessary information for filling up the Tax clearance certificate application form.
You must fill in the following information:
The trade license dropdown list will feature your trade licenses in deregistered accounts – VAT, tax agency, or excise. Enter all the details – license issuing authority, license number, license issue and expiry dates. You must also mention your legal and license names in English and Arabic languages. You must upload a copy of the trade license as well.
Another dropdown on possible reasons for applying for a tax clearance certificate in UAE appears in the form. The options are:
Final review of the tax clearance certificate application
The final step is to review the application form and the details filled in it. We also check whether the documents submitted are correct and whether their information matches the application details. Once we review this, we need to fill in the declaration form. After checking all these, you must click ‘Submit’ to submit the form to FTA.
Thus, we help you at every step of the application so that FTA does not raise any issues against it. We guarantee completeness, accuracy, and timely submission.
Want to prove your compliance with all tax-related requirements in UAE?
Get a tax clearance certificate in UAE with the help of FAME Advisory.
FAQs: Tax Clearance Certificate
- If the FTA rejects it, you must create a new tax clearance certificate request.
- If the FTA accepts it, you will receive a notification of the acceptance, followed by the tax clearance certificate.
- If the FTA requires further details, it sends you an email notifying you of the error and requests you to re-submit it.
- Before merger and acquisition transactions
- Before liquidating the firm
- While changing the owners
- As proof for accessing certain banking facilities
- As evidence for issuing a visa
Thus, before applying for a tax clearance certificate in UAE, you must review your tax approaches, liabilities, and records. Check that you are compliant with all the relevant tax requirements in UAE. If you are non-compliant, make a compliance plan and meet all the tax requirements.