Tax Registration Procedures in the UAE – Guest Blog

Companies in the UAE are required to register for corporate tax if their taxable income exceeds AED 375,000 annually. Determining your legal business structure, selecting a trade name, acquiring the required permits and permissions, and submitting an application for a Tax registration number (TRN) are all steps in the corporate tax registration procedure in the United Arab Emirates on EmaraTax. Then, under the guidelines established by the UAE government, file and pay your taxes. This article provides a step-by-step guide on procedures involved in registration for corporation tax in the United Arab Emirates using the EmaraTax portal.

EmaraTax Portal: Online Platform for Corporate Tax Procedures

The Federal Tax Authority (FTA) of the United Arab Emirates introduced EmaraTax, an online platform, to expedite tax administration within the nation. It enables electronic registration, tax return filing, payment processing, and refund claims. This easy-to-use technology streamlines tax responsibilities and enhances correspondence between taxpayers and the FTA.

Procedure to register for corporate tax in EmaraTax portal

To prevent delays or application rejection, collect all necessary paperwork, such as a trade license or memorandum of agreement, before beginning the registration procedure. To register for company tax in the United Arab Emirates through the EmaraTax portal, complete these steps.

1.    Sign in and access Registration:

Enter your login information or UAE PASS to access EmaraTax.

To add your company as a new taxable person, click “Create” in the dashboard if there aren’t any Taxable Persons available.

To begin registering, click ‘Register’ under the Corporate Tax tile.

Click the tick to confirm after reading the registration instructions and rules.

2.    Start the registration application

Click ‘Start’ to initiate the registration application. The remaining portions will be displayed in the progress bar.

Before continuing, fill out all required fields in each area. Fields that are optional are indicated clearly.

3.    Entity Details:

Choose the type of business entity you want to use, such as a UAE private company or a UAE public joint stock company.

Depending on the entity you have selected, the system will display pertinent entry fields.

4.    Preserving Your Advancement:

To save a partially finished application and come back to it later, click ‘Save as Draft’.

5.    Identification Details:

Click ‘Next Step’ to continue after filling out the required fields in the preceding section.

Using the Entity Type you have selected, provide your primary trade license information.

6.    Business Activities:

To add all the activities connected to your trade license, click ‘Add Business Activities’.

Click ‘Add’ after entering the required business activity details.

An activation code will appear after all pertinent information has been entered.

7.    Add Owners:

Click “Add Owners” to enter the information of business owners who hold at least 25% of the company.

Click ‘Add’ after entering each owner’s information.

8.   Branch Details (Optional):

Choose “Yes” and enter information for each branch if your company has any.

Provide each branch’s owner details, associated business operations, and trade licensing details.

Note: Only one registration is needed because it is done under the Head Office name.

9.  Contact Information:

Click ‘Next Step’ to continue after entering branch information, if applicable.

Enter your registered business address’s information.

Don’t include your accountant’s address or the addresses of other businesses.

If you have more than one address, list the one where the majority of your business is conducted.

Foreign companies are required to designate a UAE tax agent and submit their information here.

10.  Authorized Signatory:

Click ‘Add Authorized Signatory’ and enter the appropriate details.

It can be necessary for legal professionals to upload proof of authorization, such as a power of attorney or memorandum of association.

If more than one Authorized Signatory is required, you can add them.

11.  Review and Submit:

Examine the application carefully to make sure all the information is correct.

To verify the correctness of the information, tick the box.

To formally submit your application for Corporate Tax Registration, click ‘Submit’.

12.   Confirmation and Reference Number:

Your application will be assigned a Reference Number upon successful submission.

For future correspondence with the Federal Tax Authority (FTA), keep this reference number handy.

Procedure for Post-Corporate Tax Registration

  1. Following receipt of the application, the FTA will contact the applicant and decide whether to accept, reject, or resubmit for more information.
  2. You will get an email with the necessary information if the FTA needs any more information from you to help verify your application.

Following the FTA’s letter confirming that your application was approved, you will get notification of the decision.

The dashboard will be updated to reflect the status of your application. At any time, you may use the dashboard to see how your application is progressing.

Conclusion

In conclusion, using EmaraTax to register for corporate tax in the United Arab Emirates involves a number of steps, from gathering documentation and logging in to reviewing and submitting your application. To avoid delays, ensure that all information is correct before submitting it. Additionally, seek advice from companies in Tax consultants in Dubai, who can guide you common mistakes to avoid for a smooth experience.

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