Can I file one UAE Corporate Tax Return for all the companies I own? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 If your companies meet the requirements to form a Tax Group (explained in section X), and your application for a Tax Group is approved, then you can … Read more
I didn’t make a profit during the Tax Period. Do I still need to file a UAE Corporate Tax Return? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course Yes, even if your business didn’t make a profit, you still have to file a Corporate Tax Return. This is important because … Read more
I no longer have a business. Do I still need to file a UAE Corporate Tax Return? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 If you’re registered for Corporate Tax, you must still file a Corporate Tax Return, regardless of your income level or your company’s status. However, … Read more
Can a business change its Tax Period? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 Yes, businesses can change their financial year based on their own rules and regulations. However, if you want to change your Tax Period for Corporate Tax, you’ll need to apply to the Federal Tax … Read more
How often do UAE businesses need to file UAE Corporate Tax Returns? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 Businesses in the UAE only need to file one Corporate Tax Return for each Tax Period. This return is due within 9 months after the Tax Period ends. You … Read more
What is a self-assessment regime? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 In a self-assessment regime, businesses are responsible for figuring out how much tax they owe, reporting it to the tax authorities, and paying it themselves. They have to do the calculations and paperwork. Contact us for … Read more
Under what circumstances can a business deregister for Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 You can apply to stop your Corporate Tax registration if you stop doing your business or if your business no longer exists. But, you must have filed all your tax returns … Read more
If a resident juridical person’s Revenue is below AED 3 million for a Tax Period will it need to register for Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 Yes, any resident company, regardless of its revenue, has to register for Corporate Tax. Contact us for UAE … Read more
Will individual partners in an Unincorporated Partnership be required to register for Corporate Tax separately? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 It depends on the partner’s status in the partnership. If a partner is seen as running a taxable business through the partnership, they register individually. Partners … Read more
Will a UAE company with several UAE branches be required to register each branch separately for UAE Corporate Tax? Contact us for UAE Corporate Tax Advise Check our UAE Corporate Tax Course https://www.youtube.com/watch?v=UuYSOpakKR8 No, branches are considered part of the same company, so you register the main company and include all branch details in one … Read more
