Corporate Tax Return Filling in the UAE
Who Must File Corporate Tax Returns?
Corporate tax return filing in the UAE is mandatory for every registered business. All taxable persons must file their annual return through the FTA’s EmaraTax portal within 9 months of their financial year end.
Companies with net profits exceeding AED 375,000 must pay corporate tax and submit their annual return.
Businesses with revenue below AED 3 million may elect for Small Business Relief, simplifying their filing obligations. However, the election must be made in the tax return itself – you still need to file.
What documents are needed for TAX filing?
Usually we need the following documents:
- Revenue and income records
- Details of deductible expenses
- Any tax reliefs, exemptions, or credits claimed
Filling Deadline
Corporate Tax returns must be filed within 9 months after the end of the company’s financial year. For example, if a company’s financial year ends on 31 December, the return is due by 30 September of the following year.
Penalties for Late Filing
Late filing carries a penalty of AED 500 for each month the return remains outstanding, up to a maximum of AED 25,000. Submitting an incorrect return may result in additional penalties, and interest is charged on any unpaid tax from the due date until the balance is settled in full.
Step by Step Guide
Corporate Tax Return Filling Process
Seamless process managed by our expert team to ensure your business remains compliant.
Financial Review & Tax Calculation
We review your company’s financial statements and accurately calculate your taxable income, taking into account all relevant deductions, allowances, and exemptions.
Tax Planning & Advisory
Our experts provide guidance on legally minimizing your tax liability, identifying applicable exemptions, reliefs, and incentives to optimize your corporate tax position.
FTA-Compliant Filing
We prepare and submit your corporate tax return through the EmaraTax portal, ensuring full compliance with Federal Tax Authority requirements.
Ongoing Compliance Support
We monitor deadlines and provide timely updates, helping your business stay compliant with evolving corporate tax regulations throughout the year.
Frequently Asked Questions (FAQs)
What happens if I file late or incorrectly?
Late filing or inaccurate submissions may result in fines and penalties. It’s important to submit accurate returns on time to avoid additional charges and maintain compliance with the Federal Tax Authority (FTA).
Can I get professional help with filing?
Yes. Many businesses hire consultants or accounting firms to ensure accurate calculation, filing, and maximization of any applicable reliefs or exemptions. This is especially helpful for companies with complex operations or cross-border transactions.
Do free zone companies need to file a Corporate Tax return?
Yes, free zone companies with tax incentives must still file a return to the FTA, even if they qualify for a 0% rate, to confirm their eligibility and maintain compliance.
Can I amend my Corporate Tax return after submission?
Yes, you can amend your return if you notice errors or omissions, but amendments must be submitted within the deadlines set by the FTA to avoid penalties.
Do I still need to file a corporate tax return if my income is below AED 375,000?
The 0% tax rate on income up to AED 375,000 does not exempt you from filing. All registered taxable persons must submit an annual corporate tax return regardless of their income level. The return confirms your taxable income and the applicable rate, even if no tax is owed.
Does a dormant company need to file a corporate tax return?
Yes. A company that holds a valid trade license but is not actively trading is still considered a taxable person and must file an annual return. If the company is genuinely inactive, the return will show nil income, but it must still be submitted to avoid penalties
Do I need audited financial statements to file my corporate tax return?
It depends on your business type and free zone requirements. Mainland companies are generally not required to have audited accounts for tax filing purposes, although it is recommended. However, most free zones, including DMCC and IFZA, require audited financial statements for license renewal, which also support the tax return. We recommend having your financials reviewed or audited before filing to ensure accuracy.
Is the corporate tax return the same as the VAT return?
No. These are two separate filings. Corporate tax returns are filed annually within 9 months of your financial year end and report your company’s taxable profit. VAT returns are filed quarterly (or as specified by the FTA) and report the VAT collected and paid on transactions. A business may be required to file both.
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